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camaro4me

03/11/14 4:25 PM

#40110 RE: winner79 #40109

Thanks for posting that. I thought I was the only one who thought that docket was phooey and that there is plenty of cash to pay CTs.
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hestheman

03/11/14 4:48 PM

#40111 RE: winner79 #40109

Exactly! The reallocation ends....
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lehmandoc

03/11/14 4:49 PM

#40112 RE: winner79 #40109

grat post, winner...man, i hope you are right...ready to cash this dog in!
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rlinterests

03/11/14 8:53 PM

#40114 RE: winner79 #40109

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ZDante

03/11/14 9:27 PM

#40116 RE: winner79 #40109

Let's hope this is correct! That means in less then 30 days, we will all be very wealthy!!
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rlinterests

03/11/14 9:48 PM

#40118 RE: winner79 #40109

The available CASH for the fifth distribution will be more than $10Billion based on the previous developments.[

Available cash,what is available cash? How does that differ from just old, plain fashion cash? More important, who determines what avail;able cash is? I tend to think this is a management decision. Management says we need the money to wind things down,ie., pay the attorney fees after the stay is removed.

Really liked your post ,but, we are dealing with lawyers here.

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camaro4me

03/12/14 9:28 AM

#40124 RE: winner79 #40109

So why did Weil put out that phoney docket? They have to pay according to the POR and we're next. If they reached a deal with bnym or the fund that owns 40M shares, they would have to file that in the dockets.


"CLASS 3 needs about $470Million and CLASS 7 needs about 73Million to be satisfied in full. CLASS 4A, 4B, 5, 6A, 6B, 8, 9A, and 9B were already satisfied in full. The available CASH for the fifth distribution will be more than $10Billion based on the previous developments. With so much excess CASH to satisfy in full CLASS 3 and CLASS 7, the payments in this coming fifth distribution will flow down to CLASS 10A and CLASS 10B (CLASS 10A and CLASS 10B are in parity), then CLASS 10C downwards.

The end game for the Capital Trusts (CT's) is near. GLTA. "
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stockmojo9

03/12/14 11:44 AM

#40125 RE: winner79 #40109

winner winner Lehman dinner!

What was your source for this data?

How did you compile these classes?

mojo