Replies to post #1925 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[linda1]

How do you even know if I hold WAHUQ? Perhaps I am just an interested observer at the moment.


As I stated in a previous post - in the Lehman case there are Adversary Proceedings that are ongoing which will extend past the approval of a Plan. Just because a Plan is approved does not mean appeals and Adversary Proceedings are stopped.


Adversary Proceedings and appeals can go on for years and yes I do not agree that a Plan which has been voted on and complies with the US Bankruptcy Code and contractual obligations should be denied approval.


Also - where did I state that the FDIC and JPM should NOT be held accountable for the losses to the Equity Interest. I stated quite the opposite.