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12/05/20 8:02 PM

#640779 RE: mwd44 #640778

mwd44, here you go. "FINAL REPORT OF THE EXAMINER

JOSHUA R. HOCHBERG
Court Appointed Examiner


Footnote 39

Equity undertook a preliminary solvency analysis based on the limited information made available by the Debtors. Equity noted that a final analysis of solvency would require a detailed review of WMB?s loan portfolio, which is not available to Equity and was also not reviewed by the Debtors. The Examiner in this Report has an analysis of solvency, but he also did not conduct a review of the loan portfolio."






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hotmeat

12/06/20 5:32 AM

#640788 RE: mwd44 #640778

Footnote 39 as I just showed was about the EC proving to JMW that the seizure of WMB was illegal, it had nothing to do with WMI assets (see pdf pg24 Section A.).

The Retained Assets LG keeps referencing were later investigated starting from Section IX to Section XII....pgs77-348

The document that keeps getting referenced was prior to the Examiner being given access to examine possible Retained Assets as a few paragraphs later clearly states.

The assets were mostly claims against other parties involved, JPM, FDIC, Directors etc rather than actual assets.

In the end the Examiner determined that most were not very valuable, except for the Tax Refunds and Boli/Coli, (read the conclusions) and thus not worth going after.

If the Retained Assets were actual assets the LT, BY LAW, would have had to report them since 2012....clearly they didn't.

The facts don't lie here....reread the Report!!!