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Bizreader

03/22/14 7:32 PM

#396970 RE: WithCatz #396966

WithCatz, Your writing is specifically reporting your perception of facts you perceive. Lawyers are hired to litigate "reality".

You and I are not hired but we are invested.

As investors we put our money down and risk, hope, and expect a certain outcome.

The outcome for escrow shares is that they will receive the money that is not going to creditors.

The money not going to creditors is what is going to creditors minus what is left.

This is clear logic. No feelings involved.

Do you concur?
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distrojunky

03/23/14 1:17 AM

#396989 RE: WithCatz #396966

Catz,

"{One of the key things of the 'theory about billions and billions' is that they skip over the court 'vacating' the 'standing order' that they are relying on..."

The Standing Order had to be vacated as part of the concessions in mediation. No one that I know of is saying the Standing Order is still in play. It was just big leverage, leverage enough for POR7 details to be changed in Equity's favor.

As I've said before, nothing about this plan is transparent. I believe this opaque plan is on purpose. I have no clue as to how much or where dollars are "legally" placed. I just know that there is a possibility, and the amount may be in the Billions.
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Donotunderstand

03/23/14 10:43 AM

#396998 RE: WithCatz #396966

WithC

Makes sense

I would love to see Billions come forth

But wishing it so - or saying it must happen or the court system in Delaware would collapse - does not make it true

We know the money that is visible - we know the accounting - we know all public documents

They support what WithC is saying - or repeating

Are there secret deals?
Are there hidden dollars?

I hope so - but to say WithC is being of opinion is wrong - WithC is stating what is known publicly

Those who tell us the Escrows will or must pay off are IMO well intentioned but looking for a rationale for why Sussman folded or how we could get so cheated

Well maybe Sussman folded under pressure we do not know of and the 11 process already stole all the money I saw that should have gone to equity

The 11 process like the world is not fair

Looking for money to come via escrows to make things fair or logical is not truth but a hope - and I hope its true
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sometimes_right

03/23/14 11:37 AM

#397006 RE: WithCatz #396966

"Folks did NOT go to jail" when KMART emerged from Chapter 11 Bankruptcy and BILLIONS of dollars of value were extracted from real estate that wasn't previously accounted for (in current fair market value) in the various UNAUDITED financial statements. Simply a case of "selective accounting" which might also have been applied to WaMu BK case - IMO
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W3Research

03/23/14 1:33 PM

#397008 RE: WithCatz #396966

WithCatz, as with LG, your opinion is also valued. I must admit that my own optimistic views may have partly clouded my understanding of what the Preferred Escrow Shares may get. I do feel we deserve to be justly compensated, but as we all know what is righteous and just in this whole affair has long ago fallen by the wayside.