No it wasn't. Read the prospectus. (The Euro-bond program was retained by JPM and I assume has already been paid off since notice of ratings have been discontinued. ) A different animal so to speak. The debentures concerning the WMCT 2001 were nothing more than WMI''s promissory notes. How does one collect from those given the POR discharged WMI's obligation thereunder and neither JPM or the reorganized company agreed to pay them off? How does one claim rights under any instrument that has been cancelled ?
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