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Re: vodkadejour post# 402089

Monday, 07/21/2014 4:01:32 PM

Monday, July 21, 2014 4:01:32 PM

Post# of 734331
Vodka,

Punitive payment doesn't seem likely.

In law, receivership is described as follows:

"Receivership is the situation in which an institution or enterprise is being held by a receiver, and placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights,"

I also read a theory here by another poster that FDIC can be custodian of WaMu's assets (WMI, WMB or WMFsb) without having to put it on their books.

Putting these together, I think there's more than meets the eye.

Also, I trust Susman (with Sargent as his executioner) and co. 100% in creating a bigger outcome than anyone anticipated.
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