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nosch

08/09/18 4:43 PM

#532246 RE: AZCowboy #532215

Thank you again AZ

The 75/25 rule was and will always be discussions and how this regulation is to be understood. In my humble opinion, most hundreds of trusts, MBS, RMBS, etc. have been and are beyond Judge Walrath's authority. Walrath knew this and therefore approved Hochberg's investigation (an expensive investigation) knowing that Hochberg would not find the golden egg and was not entitled to search for it. Just because it was already in the safe harbor!
Hochberg had only restricted access to all the information he requested at that time. So in my opinion he was just investigating the left overs .... our 25% .... more or less. But not the pandora box we are waiting for. He was able to investigate the 25% of what can be gotten out of the bankruptcy estate. The crumbs!

GLTA