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David West

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David West

Re: bubbersbubbers post# 406248

Monday, 10/06/2014 8:34:22 PM

Monday, October 06, 2014 8:34:22 PM

Post# of 729880
...with respect to the WMB Stock to the FDIC...

WMI owned all (100%) of the WMB Stock. They petitioned the court for permission to abandon the stock, knowing the act would generate a large amount of NOLs. The "creditor" angle was referring to a loan made by WMI to WMB. Different animals. Is WMI a creditor? It is possible. More information is needed before certainty is assured.
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