Interesting not bought but merged with Chase?

"On September 25, 2008, OTS closed WaMu and appointed FDIC as
receiver. WaMu was immediately merged with JPMorgan Chase & Co
and subsequently operated as part of JPMorgan Chase Bank, National
Association in Columbus, Ohio. At the time of closing, WaMu had total assets of $307 billion, with retail deposits of $134.7 billion. "

https://www.fdicig.gov/sites/default/files/publications/10-002EV.pdf

I think you are right, if RD is telling the truth then Rosen would have knowledge of any billions...

LG your post with all due respect is wrong in part.

6.Wrong, she was just being nice and cooperative with the attorney.
8. Wrong, Rosen was not redacting the docs from the Judge; he was redacting the other employees from the docs that are not being represented by the attorneys requesting the docs.

The delays are normal and I don't think anything sinister is playing out.

Ouch!

I was responding to the article, are you saying this was settled after this article was written? If so well then looks like I am late to the party...

https://www.businessinsider.com/r-jpmorgan-builds-up-apartment-loan-leader-from-wamu-rubble-2015-7

Yes it was a haul for them...

You're right it did my bad...

JP Morgan Purchased it in an auction... Chit no chance this $30B will be recovered because it was purchased in the auction. $1.88B return 15 times that we got seriously Fxxxxx.

Post is below and I assume it was talking about your conversation with Rosen...



"Posted on boardpost on 11-26-2018 by CSNY

https://www.boardpost.net/forum/index.php?topic=13446.0

*************************************************************
Topic: Rosen's Statements About Recovery

Someone shared something with me today and I'm passing it along as I don't view it as confidential and I've redacted source(s).

In my opinion, Rosen would never deviate from the official lines that:

(a) the R’s waterfall has a deficit and nothing more is headed there; and

(b) the LT’s waterfall isn’t getting anything either. He has nothing to lose by lying and plenty to lose if there’s a breach of confidentiality. Also, he would be crazy not to assume the conversation is being taped.

My position on the future of legacy equity is unchanged but I'm providing the following so people can judge things for themselves.



"Disturbing news my friend....

Anonymous had a lengthy phone conversation with Rosen today.

Rosen is aware of the message board banter and said money coming to escrows is pure fantasy. There may be a few million left in this next distribution but thats it.

He said safe harbor is also a fantasy and there is nothing there.

Now, I know we can think "he would never tell us anything anyway".

To that I would say the lawyer in charge of this would never make absolute statements like that in case the conversation were being recorded.

Hate to say it, but I think this is over.

So sorry. I know how much you've put into this.

His fantasy term was like a stake in our hearts. This coupled with the fdic letter and Delgado looks very grim.

Life goes on.

I'd love to say this means nothing, but I think it does.

Sorry to be the bearer of bad news.

XYZ" "

Royal, why then is SAPer being so criptid? You thoughts...

MB hang in there we are almost at the end of this mess...

Its always been there on mine but I did come from scottrade not sure if that matters.

TD is mine to and my escrow is under Positions. I see no change; I have not taken the time to familiarize myself with TD platform as I was with Scottrade.

Ok thanks, it would be nice if they just paid us this week...

Can you elaborate?

That's weird mine is in my Positions. Not sure if it moved or not.

HAPPY TURKEY DAY!!! Remember to talk politics lol...

On that we agree...

If the FDIC decides they will pay the EC she will reverse herself otherwise the EC is over.

LOL, something went sideways...

Anyone get there piers statement and/or check today?

Lets hope there is a check with it.

Have we herd anything on the employee claims?

The tone of the post was funny LOL

"Are you talking about a different, brand new RS, on top of the one we just had?"

I agree and I am in no way in support of 100's of billions coming back to us... I just want it over

Seems there would be more than 10B one can only hope.

Weeeee Now we are cooking with gas lol!!!

I hope so and I will be glade when this is over

I am not sure but I think piers was a check.

They already stated checks would be mailed so they will have checks with the statements IMO.

How does this have to do with WMI?

I agree its pretty clear...

LIQUIDATE = To clear away, shut down the trust; Covert to cash = Convert to cash; and DISTRIBUTE TO BENEFICIARIES = DISTRIBUTE TO BENEFICIARIES. Sounds simple to me...

LIQUIDATE:

To adjust or settle an indebtedness ; to determine an amount to be paid; to clear up an account and ascertain the balance; to fix the amount required to satisfy a judgment. Midgett v. Watson, 29 N. C. 145; Martin v. Kirk, 2 Humph. (Tenn.) 531. To clear away; to lessen; to pay. “To liquidate a balance means to pay it.” Fleck- ner v. Rank of U. S., 8 Wheat. 338, 302, 5 L. Ed. 031.

Not sure how that will be good for commons but who knows.

It becomes finial after the appellate time is expired but I get your point so yes we agree

I agree a written order will accompany her ruling and like I said she will sign an order consistent with her ruling. When is anyone's guess...

Well, no she does not have to sign any orders and yes she can make a ruling from the bench but most of the time Judges will tell the prevailing attorney to draw up the order after a bench ruling consistent to the ruling and get it back to him/her for a signature.

The ruling was not put in abeyance, the appeal time period was, until the redacted docs Rosen has to produce to the climates this week. Remember she stated those doc could be helpful to there claim.

Yes or she can rule from the Bench and on the record. Attorneys draw up proposed orders all the time and I have seen Judges sign them by mistake because a slick Attorney just attaches it to a motion.