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Post# of 730545
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mordicai

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mordicai

Re: Civil War General post# 587449

Wednesday, 09/11/2019 10:42:52 AM

Wednesday, September 11, 2019 10:42:52 AM

Post# of 730545
WMB etal got cash for the assets it transferred to the trusts. So wmb etal was not harmed by this "taking" because the assets belonged to the original investors who owned the preferred stock in those particular trusts. And the orginal investors agreed to the conditional exchange in the event WMB was placed in receivership, so how can that possibly be construed as a taking with respect to the original investors?
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