~ XOOM, as I’ve posted numerous times, … I’m watching / checking my own, “Directly Owned” WMB Note / Euro Bonds “Daily” for their final “COMPLETE” move with WMB to JPMC per the P&AA ~
As of today, the Bonds (17’s originally) continue to function, and continue to be serviced by a subsidiary of JPMC … the receiver of WMB, from the FDIC … ! ! !
Those place holder claims on the FDIC site are a humorous attempt at a word text distraction at best … just like the two 27 billion dollar claims at the 2012 reorganization (the FDIC & JPMC) that quickly just went poof as well …
I’ll let everyone know … but remember, those dmdm / bopfan numbers, or the 299 billion dollar claims etc., or the paladin wmi-lt’, hyperbole, … are NOT realistic return considerations …
I doubt that it’s going to be, much longer
AZ
Bullish