InvestorsHub Logo
icon url

AZCowboy

05/07/19 4:45 PM

#574351 RE: LuckyPanda #574348

~ LP’ Oh Absolutely’ The Failed Plan 6’ Itself Proved The Existence Of The BK Remote and Segregated Trusts’ ~

... Not to mention the trackability of many of them, beginning in January of 2018 ... after ”Globic’s“ requirements were completed on 12/31/2017 ...

AZ, so in essence, you are looking for disclosure of remote bankruptcy assets.

... Yepperini ...

So you dont believe in no disclosure of remote bankruptcy assets until after bk closure?

... In my opinion, I believe now that the WMI-LT has FINALLY’ completed Tranche 4’, ... ? ... that the process should begin to be able to move forward ... these Trusts in question, don’t have any special distribution language that I’ve seen, ... While an Accredited Investor Receives principal and interest returns monthly on the 25th from a Cert participated in, ... the WMB Bonds are semi-annual ... the WMI Cap Trust lists quarterly ... and WMI Preferreds purchased on the Secondary Market are also interest earners quarterly ...

Is there some sort of FDIC-R action that needs to happen before the LT can move forward with the disclosure events that you are expecting

No, ... the FDIC R & C are specific to WMB and their dealings with JPMC ... Because of the ABS-Cert Performing Trusts Individual mechanism as well as the Cap Trusts Liquidation Preference ?, I believe we can move forward Irrelevant of what they do’



... WMI, now reorganized into’, WMIH and the FDIC will figure out how to settle up regarding the original GSA (between them only), ... someday, ... right now I want to see some Trust money get released ...

AZ