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Post# of 749756
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linda1

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linda1

Re: JohnnyWinter post# 119340

Monday, 11/09/2009 5:07:23 PM

Monday, November 09, 2009 5:07:23 PM

Post# of 749756

If that is true then even if WMI is awarded the deposit without damages it will still have liabilities that exceed the assets according to the MOR 3 balance sheet.



Assets - $6,932,908,747

Liabilities - $8,292,047,251



The senior debt of $ 4,108,911,139 could be paid off - or those bonds with expired due dates.


So unless WMI is awarded damages then will it not be the lawsuit against the FDIC that will determine the value of the commons?
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