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ron_66271

05/30/23 9:08 AM

#710245 RE: raggi65 #710241

Please Post Link for #708268.

newflow

05/30/23 2:56 PM

#710253 RE: raggi65 #710241

THE COURT: -- what about the value of the nondebtor
7 entities?
8 MR. ROSEN: All of that is already reflected by way of
9 the dividends that flow up to the debtors' estate. All of that
10 is in the opening balance sheet of the liquidating trust. If
11 somebody wants a breakdown of that, Your Honor, we will go
12 through the brain damage to do that, and we will include it.
13 It doesn't matter. The number is already there. But if they
14 want the breakdown, so be it, Your Honor. It doesn't matter.
15 We will include it.
"DIVIDENDS flow up to the estates?."FDIC uses DIVIDENDS language alot.
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And Mr.Folse's comment
And frankly,
4 Your Honor, it would imprudent for the estate to do so relying
5 on the speculative ability to go out and recover up to thirty
6 billion dollars or more in money paid out to someone at
7 somewhere down the road.
WHERE IS THE MONEY?.