~ Mr Gold & LP, It Has Always Been My Conclusion Regarding WMI’s BK Remote Valuations ? ~
That the bankruptcy remote values as associated with the filers’, WMIIC / WMI ... some examples would be, WMI’s “other” Bank Accounts, ... WMBfsb ... the Capital Trust “Debentures”, ... the Non Banking Subsidiary’s, ... etc. ...
Would be held remotely or at bay, ... up to and until the two Bankruptcy’s were actually completely closed ... this would be consistent with an ABS-Cert’s Trustee Prospectus directive if one of an ABS-Certs participating Accredited Investor found the need to file ...
... It’s the lack of the reporting and transparency requirements that Mr Gold is posting about that is problematic ...
... I know that it was what is referred to as ... “Local Rules” ... that allowed for the delay and blocking mechanism, ... but, my goodness’
... “Tracking Markers” Are specifically associated with their individual support, ... “Tracking Markers” Are not specifically associated with the WMI-LT, ... the WMI-LT can use them for distributions, as well as others ...
AZ