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Re: Gmenfan post# 243349

Wednesday, 10/20/2010 4:13:35 PM

Wednesday, October 20, 2010 4:13:35 PM

Post# of 729602
The trustee would serve to replace WMI/WGM insofar as their control over the bankruptcy proceedings is concerned. The trustee, instead of WMI/WGM, would pursue any and all claims to maximize the value of the estate and allow for an effective reorganization. There would be no effect on Walrath's decisionmaking abilities - but the trustee could press her with more urgency than WMI/WGM has over the past two years.

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