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	<title>Comments on: And the Winner is&#8230;</title>
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	<description>The Law, the Universe, and Everything</description>
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		<title>By: Chris B.</title>
		<link>http://www.concurringopinions.com/archives/2008/09/and_the_winner_is.html/comment-page-1#comment-47229</link>
		<dc:creator>Chris B.</dc:creator>
		<pubDate>Wed, 17 Sep 2008 05:07:38 +0000</pubDate>
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		<description>It doesn&#039;t really affect your post, but it&#039;s worth pointing out that the $138 billion isn&#039;t really owed to Citi itself, but to Citi as the indenture trustee.

So the upshot is that the &quot;biggest unsecured creditor&quot; appears to be the average bondholder.

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		<content:encoded><![CDATA[<p>It doesn&#8217;t really affect your post, but it&#8217;s worth pointing out that the $138 billion isn&#8217;t really owed to Citi itself, but to Citi as the indenture trustee.</p>
<p>So the upshot is that the &#8220;biggest unsecured creditor&#8221; appears to be the average bondholder.</p>
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