Not necessarily. You'll see. Even if they should collect ( they won't) none of the money will benefit shareholders in the least. It'll all go to houser. Lets not forget, it was Houser's greed and intentions to make a fast buck at shareholders expense that got this whole messy ball rolling. He has, IMO, blood on his hands just as surely as do the other scumbags.
yak, ... Turino is not a broker. No bond. NevWest is a broker but has no assets left. The Feds were first in line for the NevWest bond. 6% on nothing is nothing! ... eom