hotmeat, even though you and I have had differences in some facts and opinions, I want to give you credit for one of the best posts EVER presented in this forum with solid facts, verified proof to back up this post.
This post is very well written, articulated to the point that I challenge ANYONE to refute with filings and facts. My belief is this not only will not happen but cannot happen because filings to prove this post wrong do NOT exist!
I'm still trying to figure out why some think that the escrows are entitled to more than the documented $44 Million.
Best as I can see - the former assets went in three directions:
Some were retained by WMIH Some were sold to JPM Some were held by WMI-LT to be distributed to creditors and if any is left to escrow holders.
These billions that are discussed seem to mostly have been sold to JPM, but some may have been retained by WMIH. I see no evidence that any of these "Safe Harbor" assets did or will go to WMI-LT. Just by their name - "Safe Harbor" - they are EXCLUDED from the bankruptcy and thus not something available to WMI-LT.