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linda1

11/09/09 5:07 PM

#119344 RE: JohnnyWinter #119340


If that is true then even if WMI is awarded the deposit without damages it will still have liabilities that exceed the assets according to the MOR 3 balance sheet.



Assets - $6,932,908,747

Liabilities - $8,292,047,251



The senior debt of $ 4,108,911,139 could be paid off - or those bonds with expired due dates.


So unless WMI is awarded damages then will it not be the lawsuit against the FDIC that will determine the value of the commons?