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Re: mik1 post# 23796

Thursday, 05/16/2013 9:21:00 AM

Thursday, May 16, 2013 9:21:00 AM

Post# of 116330
I was reading some dockets about Citigroup´s litigation and recorded reserved against the cash deposited. I believe now this agreement releases almost 1B from restricted cash. Without considering the disputed unsecured claims, I read that almost 3.5B could be released from restricted cash:

Cash pledged to JPM (CDA) 316B, with recent LBI/LBHI agreement involving CDA.
Priority Tax claim - IRS, 2.2B ( NOLs are not included in the claim)
Citigroup, almost 1B (2B-(1.2B-167M))from recent agreement.



Cotton, what do you think? thanks
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