Simple Common Sense Post-ANYONE, please try and honestly challenge my post to the alternative
1) It took all the way through to Amended POR 7 to get an Agreement
2) Originally, the 4 Hedge Funds had planned to get everything
3) In many previous PORs, there were only 4 Tranches
4) The original 4 Hedge Funds had Piers as "last-man-standing" to receive ALL spoils but had to own a minimum of 2 million Face Value of Piers (part Creditor-part Equity) to participate...why...what were they to receive that was so very valuable
5) So, what has changed other than time since those early days...Nothing, other than equity was included to ride the Big Money Player's posteriors if they signed timely releases
6) What were those 4 Hedge Funds originally after...some say tax attributes in a .50 cent shell company that had no income stream for years...really...common sense says no way...something much larger…So, all the big players: Bonderman et. al., Grayken et. al., Savitz et. al., Tepper et. al., the other SNHs (Aurelius, Owl Creek, Centerbridge), and all the other Hedge Funds, and of course currently the Underwriters are all Class 19 Equity Escrow Marker Holders.
7) Again, what were they after that they jeopardized their standing in society, licenses, their claims nullified and prison time
8) Answer in my view are billions and billions of dollars they did not want to share with ANYBODY
9) Between now, dissolving of WMILT and (R) Receivership closure at the very latest, we will see and know what the original Hedge Funds were after provided one signed timely releases by 3/2012
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