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Re: nadodude post# 609819

Wednesday, 01/29/2020 12:44:52 AM

Wednesday, January 29, 2020 12:44:52 AM

Post# of 727367
"My expectation is FDIC will distribute these Safe Harbor assets using its own Waterfall, so first senior and subordinate note holders and Deutsche Bank get paid and then legacy equity holders In Their Original liquidation preference! So it will be 75/25 split to the end, because this what was agreed to so commons could participate."

My expectation is that Too... '75%/25%' to ONLY WMILT is Nonsense! It was what the POR7 was based Upon, End of Story! IF 75%/25% doesn't hold till End, the whole POR7 is INVALID because it was a Contract! And that Contrcat cannot be NUllified, No Way , No How!
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