Mr. Smith, I cannot agree with your statement “No assets being handled by the FDIC Receivership (either hard assets or recoveries in litigations) shall flow to the Trust. All assets that were to be transferred to the Trust have been transferred to the Trust in accordance with the terms of the Global Settlement Agreement approved by the Bankruptcy Court.”
Again this just proves the statement that AZ and largeGreen and others have been just a bunch of poop.......They can read the documents and see to think the process is following a calendar of steps........know what you have..........POOP is the tell......in the end, it does not matter....the people leading this is who is in control of this.....and shareholders are getting nothing.....They have delayed this and again another delay......til next week why not today or tomorrow.....just another reqson to delay paying out piers..........it will go till the next quarter.....
Thank you for what you have done......it only confirms, as soon as the judge signs the order, whatever is left, a few million is it.........maybe less....unless the bottom dwellers get that....
"Mr. Kosturos was also the Chief Restructuring Officer for Washington Mutual (WMI), negotiating an approximately $6.5 billion settlement with JPMorgan and the FDIC resulting in a recovery of more than 100 percent for all unsecured creditors and a recovery for equity holders"
only so called recovery are the pittance of WMIH shares that R/S and became COOP..