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Thursday, September 11, 2014 10:27:07 AM
... The difference is the literal terminology utilized and referenced, ... The seizure of a solvent bank is illegal as everyone knows ... and WMB was at the time, Sept 2008' .. solvent' ..
However' ~ there is more to consider'
IF' one wants to dig very very deep into the documents, this "so called seizure" .. was what is referenced legally as a ... "Taking ~ for the betterment of the country" ... (judging the right or wrong of this is not my place, however "a taking" in extreme times of distress within the country, this is allowed)
... Let me just get back to the basics ... JPMorgan only received the servicing rights to WMI's Loan File ... The 1934 Act will mandate that the FDIC-R will finalize in proper fashion with the estate' ...
As the PA&A agreement terminates, as I have just posted the link to the signed document ... I believe things begin to happen beyond the sixth anniversary coming up here in a few days on the 25th.
AZ
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