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Post# of 729973
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hotmeat

Re: CBA09 post# 509627

Saturday, 02/17/2018 5:08:11 PM

Saturday, February 17, 2018 5:08:11 PM

Post# of 729973
This has been puzzling to me since I read it a while back and based on that specific text, it "seems" the Exchange Event was not a beneficial transaction for WMI (for now at least).

I can't understand why WMI would not have included a provision in the TPS contract that secured the $4B asset for the benefit of the company in case of a bankruptcy.

Escrow Returns: $2-$10 Billion....75%/25% to the End

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