Replies to post #8043 on Rocket Companies Inc (RKT)

[PickStocks]

The problem is there is no distribution……the only way this becomes true if there is a distribution….. 

[novascotiaSTS]

The Chapter 11 process for WMIIC was closed more than 6 years ago.

https://www.sec.gov/Archives/edgar/data/1545078/000119312519323975/d820838dex991.htm

[BudSparrow]

Hi Ron,

I’d really like to believe your figures. But seriously: I can’t imagine that $200 million would actually be transferred to an old man in old Germany. $200 million? Seriously? Your president would never allow that. Not even if I lived right near his ancestors.

Bud the Skeptic

[stoxjock]

Awesome post, and Thanks for sharing your DD!

So with WaMu, we'll realize the Bulk of our 'F&R Recoveries" only when FDIC 'closes' the WMI Receivership , right?

So, with Paladin , it's only that small component of $20.77B that will be paid out when the Paladin Trust ;closes', right? Hopefully soon...

I am also hopeful that we'll see all the "Hidden' SPVs will come back soon wit Llehman, when LBHI finally closes out its BK shortly...
Hoping same thing with FnF...Need to buy more FnF...

TIA & GLTU!

[ron_66271]

LIBOR; Withdraw as Attorney.

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262

This is good.
“MOTION for Karen A. Oshman to Withdraw as Attorney. Document filed by City of New Britain Firefighters' and Police Benefit Fund, Mayor and City Council of Baltimore.“

MBS invested Retirement fund awaiting the final payment by the Derivative contract writer’s.
Just like us!



Ron