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argc

11/05/09 3:52 PM

#118514 RE: The Godfather #118511

If JPM paid the money already,the 1.9 bln supposed go to WMB Bond holder after FDIC deduct the aministration cost.
If FDIC paid ,wmb bond holder is actually on the top of the list getting paid.But that will only happen in DC court,not BK.
IMO
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Dragynn

11/05/09 3:55 PM

#118517 RE: The Godfather #118511

The FDIC has it. It hasn't gone anywhere, and won't until the bankruptcy is resolved. That's what the stays are about.