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Re: bkshadow post# 412351

Monday, 01/19/2015 9:18:10 AM

Monday, January 19, 2015 9:18:10 AM

Post# of 733584
Why should the FDIC-R pay off WMB bonds, IF the assets possibly held off-record were assets of former WMI or direct subsidiaries that were unjustly taken?!?

I don't claim that those WMI off-record assets do exist, but:

Junior and senior bonds not trading higher at the moment is not a proof that the FDIC does not hold WMI assets off the record IMO

And "big money" is not buying into any theory that the FDIC-R has found the same tens to hundreds of billions that are asserted to exist in the receivership; the junior bonds are pennies and the senior bonds most impaired. Big money, like the Paulson funds, "bailed on the WMB senior notes."

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