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Re: David West post# 184385

Saturday, 04/03/2010 10:32:37 AM

Saturday, April 03, 2010 10:32:37 AM

Post# of 730559
Your post makes sense, but even if there is no fraudulent conveyance, when Solomen releases his numbers it will be obvious WMB was grossly underpaid for. Furthermore, it is common knowlege the FDIC cannot seize a holding company...Venable will push that issue. Who knows how many tens of billions the shareholders will see from the assets/value there. That is why the debtors want us out, so they can reorganize and seek the return of the assets of the holding company. It all makes perfect sense when you think on it. That is why Rosen is so hell bent on making sure A<L even if it means giving tax returns/NOLs to JPM or the FDIC. They ultimately want the value of the holding company.
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