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Re: ptolomeo post# 277360

Tuesday, 02/15/2011 10:09:54 AM

Tuesday, February 15, 2011 10:09:54 AM

Post# of 730303
Not sure what you are asking, but in my mind, I accept that if WMB owned something, it went with WMB -- per the P&A -- as a subsidiary of WMB. And I think there is little to fight about with that. You may disagree with me, but I have this as my understanding. A sub of WMB went with WMB, and that was the way it was. {see my lumber company analogy earlier here}

What is clear to me, is if in the rush and global panic of the time, if something got snatched by the FDIC, that isn't really under WMB, then there is quite valid claim by the Debtors to get it back.

The Debtors started down that path, then abruptly settled.

Now it's only the EC that seems in a position to make those arguments of what should/shouldn't have been snatched -- and of course, JPM as holders of the WMB records, and WMI as abandoning their fight -- make it completely difficult to do. By intention it seems.



.... Please, just call me Catz ;) - - - - - {and the requisite, all IMHO, do your own due diligence, and make your own investments}

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