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Re: Zardiw post# 34562

Monday, 10/27/2008 8:35:11 PM

Monday, October 27, 2008 8:35:11 PM

Post# of 730298
I think WAMUQ may have other creditors that want their claims paid too.

The question is how can the $4.4 billion be used? Who is entitled to the funds?

It's possible that WAMUQ may emerge from the 11 and continue to operate in some capacity or it may dismiss the 11 altogether if it feels it no longer needs the protection of the bk.

WAMUQ filed the chapter 11 to stop or slow down its demise.

It's still a high risk gamble here. So, place your bets!


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