~ Yes, I Totally Agree With That’ ~
The WMI-LT is currently irrelevant as far as WE’ are concerned ... The WMI-LT finally did what all of us needed it do, ... Complete Plan 7’s Allowed Senior Creditor Debt’ ... and to stop the use of the DCR as a delaying and blocking mechanism, ... just to do exactly what the WMI-LT’s actual function was ... pay off the Approved Creditors ...
... and yes, Judge Walrath also understood this’ issue, with the “Posit”
It seems that we have someone that didn’t follow “Globic” ... and doesn’t quite understand just who the Tranche 5 Class 17’ WMB Noteholders ad-hoc settling steering committee actually was ? ...
... The WMB Notes, are The WMB Bonds ... Class 17’ ... represented by 120 Accredited Investors ...
there’s truly no difference in the financial product, ... the difference is in the wherewithal of the purchaser’, ... whether an Accredited Investor ? or a purchaser on the Secondary Market’ ...
It appears that a bit of message board myth & lore is creeping out ... again’ ...
WMI Secured Bonds were Tranche 1 and Tranche 2
AZ
Market Data 
Markets 
AI
