News Focus
News Focus
icon url

philipmax

10/16/15 10:19 AM

#7812 RE: cubs #7811

Nothing is expected to happen until Nov. 10th or 15th, when the FDIC pays out Award to JPM. I suppose that there will be some public announcement. If so, JPM should lead by either acknowledging LTWs right yo 85% of net or it will pass without such notice. If no mention is made of the LTWs, a lawsuit for the funds will commence. The suit will be in Civil Court. I have no information as to who will institute such a suit, or where. I have a small stake compared to some heavy hitters.