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News Focus
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REALtime64

01/29/20 5:30 AM

#609848 RE: stoxjock #609843

This seams the likely path we are on how else could they cover this up any other way it is a dark path tho but we have been a joke for so long it's just good this train is finely creeping along
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hotmeat

01/29/20 6:40 AM

#609849 RE: stoxjock #609843

""IF"", even though highly unlikely, the FDIC is actually able to generate the $15.6B needed to cover the WMB Snr + Sub Bonds and DB debts then yes, any distribution made will be 75/25. What Z and his loyalists seem to forget is that the FDIC is the other major signatory to the GSA/POR in addition to the Debtors (WMILT). They must obviously abide by the agreement they signed!
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follow_me

01/29/20 10:25 AM

#609888 RE: stoxjock #609843

At last a common sense response. Nothing ever changed about the 75/25 notion. Besides, if it was good enough for the courts, it's good enough for me.
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Civil War General

02/04/20 1:23 PM

#610788 RE: stoxjock #609843

More than a Contract, this is a Federal Court Order that has not been appealed. It is binding on all parties, that means us, the released shareholders.