For our CTs to get paid via the case JPM needs to win. Otherwise its just more money for Sr creditors
Yes.
And that deal was done pre BK.
Just think this though.
w
JPM was the last lender of resort. The FED and no other financial financial
The money they withhold was to pay off certain obligations.
All Pre BK, and all prior to the POR.
This, is all about Class 3. Class 3, wants that money for them selves.
Amd, they have their Weil, which in reality we are paying for.
It is not an issue of paying of debt, but, who does it go to.
Like you said JW.
JNO.