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Re: Large Green post# 472624

Friday, 02/24/2017 10:26:40 AM

Friday, February 24, 2017 10:26:40 AM

Post# of 727818
Court Registry A/C "already turned over" via GSA...

...implementation on the effective date.

...look it up.

...it is right there.

...again, there are no billions, tens of billions, hundreds of billions or even trillions hidden in secret COURT REGISTRY ACCOUNTS.

...there is the $105M of fully disclosed COURT REGISTRY ACCOUNTS (certainly not new found).

...as previously presented to negate such theory, the settlement of the American Savings Bank Goodwill litigation was approved by court.

...and released upon the implementation of the GSA (*there is a yellow circle for highlighting).

...the entire 19 page Motion and Court Order (a real document) can be found at ~

https://www.kccllc.net/wamu/document/0812229111221000000000023

...and.

https://www.kccllc.net/wamu/document/0812229111229000000000003



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****YIKES****

...the results are the same for ALL OF THE SUBSEQUENT 'findings to the first one.

...identified in RED.




Large Green Friday, 02/24/17 08:23:00 AM
Re: bkshadow post# 472620
Post #
472624
of 472631 Go

Court sealed, redacted registry accounts that contain monies to pay law firms whose billing has been plus/minus in the neighborhood of one billion dollars to date.

How does one forget about the BILLIONS and BILLIONS of dollars?

Funny, how we never see a statement of these accounts. I believe the billions for the 363/sale went into these accounts and when Rosie was asked how these funds would be invested, he advised high yield Government bonds.

And what about the hundreds of billions in certificates that are protected in Safe Harbor and yes, these monies would not be part of the actual bankruptcy case (s)

Remember, according to the POR, JPM did NOT get everything and when WaMu was seized, it was ILLEGAL to take the holding company assets.

Remember, WaMu was a Fifth Amendment Taking and will have to be paid for and once compensation flows then the majority of the tax attributes goes away as well as there will be no-where that even remotely hints at a 5th A/T
______________________________________
The legal group Akin and Gump are discussing the scope of what the Examiner can examine and what he cannot examine.

We also have in there the part (b) of what is to be retained, and that is because in negotiations that we had with all of the settling parties, with the equity committee last week, with the FDIC, we did talk a great deal about the concept of the retained assets.

Now, it's my position, Your Honor, that the examiner doesn't need to do

much with the retained assets other than say the assets are retained and therefore the liquidating trust can go ahead and pursue them. They will still be there; they can be carried through.

But I understand that the equity committee is very interested in having a neutral third party do an investigation of those retained assets.
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FDIC TRULY states HUNDREDS of BILLIONS in WaMu Assets - Yes, HUNDREDS of BILLIONS


https://www.fdic.gov/about/strategic/corporate/cfo_report_3rdqtr_15/0915_cfo_report.pdf


***Bottom of page 7***


Excludes WAMU with total assets of $299 billion and zero estimated losses to the DIF


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