I think it's something else..If you remember in July341 meeting, There are two 50B that was mentioned. One is the 50B loan to subsidiaries and one is the 50B net receivable. The 45B receivable balance that was mentioned in the Ad Hoc Plan was from "Due to due From" (Net receivable) in the A/L. So the other 50B must be against the 52B Intercompany claim which I am hoping for a recovery at this time. I believe that 27B minimum must be cancelled out in this 52B claim because it is coming from LBT (Treasury) which is only serve as a conduit in EU to convert bonds from US to Euro dollars and vise versa. The 27B claim is a bond money that is already included in 100B creditors claim. IMO, it is in substantial consolidation. I don't know what would happen with the remaining 25B of 52B.
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