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Re: KentS post# 404834

Wednesday, 09/17/2014 12:47:20 PM

Wednesday, September 17, 2014 12:47:20 PM

Post# of 726851
Yes you are correct that those funds are now sitting on JPM's balance sheet in the accumulated earnings column. To think JPM sues the FDIC-R for liability coverage, when it was the FDIC's seizure and sell of WMB (and its holding company WMI) for 1.88B that saved JPM and put JPMC in the West Coast markets with a negative 2B in goodwill to JPM shareholders.

Can't wait for Opening Statements from Robert Sachs on this lawsuit for indemnification from the mortgage portfolio liability. The gall of Dimon and Crew.

Mordicai nice to see you are still with us. Thoughts on this one?

Thanks
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