News Focus
News Focus
icon url

ron_66271

11/20/19 4:13 PM

#597448 RE: nhtrader #597446

Class 17B Section 510(b) Subordinated WMB Notes,

Claims have waived their rights to distributions from the WMILT because JPM is paying there claim not WMILT.

THJMFW signs the BK Closure Document after FDIC/JPM closes the GSA and buys WMB. When JPM pays Class 17 is Class 17's problem.

Yes JPM will Pay the Class 17 notes.

WMILT owes a little money to Class 18, the rest is JPM's problem. That is why the UWs dropped their Class 18 claim 'against' WMILT because their real claim is against JPM.