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Re: Boris the Spider post# 403859

Friday, 08/29/2014 4:49:07 AM

Friday, August 29, 2014 4:49:07 AM

Post# of 726713
I believe it comes in parts. One large part when the bankruptcy and the P&A with JPM is officially closed. I think these two actions could happen simultaneous with each other or very close. I can also envision a lot of assets from the FDIC being transferred over to WMIH at some point. So it may be that WMIH does not need a merger partner real soon if they are capitalized with former assets and/or value through banking certificates.

The other parts could come directly to our escrow share accounts from the FDIC each year for many years to come. I can see the trust being shut down within a year or to 15 fifteen months from now.

We know JPM did not get everything so there has to be some form of reconciliation with the official closure of the bankruptcy case, P&A, JPM and WMIH so hopefully time will soon tell us something.

Have I told you lately how much I love my escrow shares?
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