LP, you said the following.
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LG, the only way R will close is if there is a time limit. IMO, they will just keep opening up new lawsuits to delay closing the receivership as long as the law permits...and so far I haven't found any mandate that requires them to close the receivership within some time limit.
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The WaMu case we want to know about is the case that contains over 800 sealed/redacted court documents but we will never see those for our answers. SG was all about incorporating great settlements that involved many different ways for the money to move to the other side.
However, I will say this, if there was no timeframe incorporating a transfer of monies to prevent endless delays, then at this point the settlement is tantamount to selling us out and I do NOT believe SG would have done that type of settlement selling out their clients by allowing endless delays.
One day, I FIRMLY believe we WILL SEE MAGIC MONEY!
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