Did you mean assets that belonged to WMI or did not belong to WMI? Assets that belonged to WMI were subject to the bk court except for any that were bk remote ie Safe Harbor.
The FDIC has no jurisdiction over WMI owned assets, only those that were owned by WMB. What we need to determine is whether there are WMI assets, wholly or partly owned, that were sequestered once the company filed for bankruptcy protection.
My interpretation of what I posted was that LT Assets represent ALL assets owned by the Debtors whether bk remote or not. Even if as Matt claimed, only "certain" assets were transferred to the LT, that does not relieve WMI's ownership rights to the assets that were not transferred.
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