yes , very good for you that you know everthing about them ... can you please provide me / us with where and how these bonds are trading ?
with a link or any other specific reference please .
i can not find them anywhere .
you said you see them trading at low levels ... so that concludes it for me that you have more than no info / reference at all about them ...
if not it seems like you made that claim up out of nothing doesnt it ?
maybe i want to buy some .
mouse ?
it is also very telling that you say that the fdic is released and ignore the fact that the official documents says it a "little" different .
your interpretation of official documents is again very "telling".
i am shure you know the following exactly word for word .
Go read section 1.183/1.184(Released Parties) of the GSA and you will see it for yourself. The FDIC-R and the Receivership "ARE NOT FULLY RELEASED" in plain english. See below.......
"provided, however, that “Released Claims” does not include (1) any and all claims that the JPMC Entities, the Receivership, the FDIC Receiver and the FDIC Corporate are entitled to assert against each other or any other defenses thereto pursuant to the Purchase and Assumption Agreement, which claims and defenses shall continue to be governed by the Purchase and Assumption Agreement, (2) any and all claims held by Entities against WMB, the Receivership and the FDIC Receiver solely with respect to the Receivership, and (3) subject to the exculpation provisions set forth in the Plan, any avoidance action or claim objection regarding an Excluded Party or the WMI Entities, WMB, each of the Debtors’ estates, the Reorganized Debtors and their respective Related Persons; and, provided, further, that “Released Claims” is not intended to release, nor shall it have the effect of releasing, any party from the performance of its obligations in accordance with the Confirmation Order or the Plan."
thanks to hotmeat
First they ignore you ,
then they laugh at you ,
then they fight you ,
then you win .
- Mahatma Ghandi
