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Lawrence 147

10/19/10 4:31 PM

#243054 RE: uzualsuzpect #243051

Sorry Uz;

Can’t answer PM any longer.
If the 3.7 Billion is ours then WMI was a solvent bank and it must have been sold, or liquidated for value and the FDIC is on the hook for everything, (no sweat). It would most likely be a bench hearing and a bill sent directly to the FDIC short order and paid right after the appeal; but with interest.
Not much need to expand but it could happen. The Examiner has a good grip on what is going on.
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ilenes

10/19/10 4:43 PM

#243057 RE: uzualsuzpect #243051

I'll be the first to admit that my memory is often not what it was...but I was in the entire hearing and both in my memory and in my notes, the Judge agreed to the DS going out now under the proviso that no changes were to be made to reflect the examiner's report. First of all, the DS and the ballots will be mailed prior to the report being made public and second, BR was prohibited from even including a letter that referenced the examiner.

Again, i know that during a hearing there is a lot going on, so perhaps I misheard or misunderstood...

Ilene