Sunday, January 18, 2015 5:40:20 PM
... Does anyone here believe that the FDIC did NOT have the power to shut this down and send everyone packing ? ... including JPM ? ... Study "FIRREA" ... if there are any specific questions ...
No, ... The FDIC wanted everyone to sign their release as directed to do so, due the fact that ... if an individual signed their release as directed, that individual holder, would be in a position to participate within the Plan 7 settlement ... the mediated final and approved result' ... as disclosed'
Again, if the FDIC wanted to ... "jack" ... anyone, they could have just done so' ...
Regarding WMIH ? ... KKR obviously, sees something in us' .. of great value ... something worth 400 million dollars ... US, WMIH, .. just US ... If KKR just saw some future tax benefits, ... they (KKR) could have achieved that hedge a whole lot of different ways with a whole lot of different shells / companies ... for a whole lot less money ... or multiple participations ...
WMIH is something special ... Special enough for a company with 92 billion dollars under asset management to commit 25% of their liquid cash to, ... while we are still on the OTC ...
I doubt KKR cares who released or who didn't ... neither do I ... what I do know is that ... WMIH will soon be taking off, ... and equity holders of transitional escrow tracking markers will ultimately be treated properly ... as agreed upon within the now approved Plan 7 settlement, ... and "R" begins to finalize the WMI Debtors estate ...
The FDIC will finalize this WMI Debtors estate in proper form as mandated' ...
AZ
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