... Boris ~ I Agree ...
... When looking back over the entire process, as many of us have dissected the documents, ... I can understand and make sense out of us' (retail equity class 19 & 22 holders) being asked to sign a release ~ which released JPMorgan ...
I am not saying right or wrong, I am saying that our being asked to release JPM has made sense to me ... Simply' ... an easy defense would be ... "Hey Everyone' we (JPM) did not seize WaMu's Bank' (WMB) ... we were merely asked to buy it' (WMB) by the OTS / FDIC and that's what we (JPM) did'" ... "a good deal was offered ? and we took it'"
So, Okay I get that JPM part ... BUT, ... retail also having to release the FDIC has always left me scratchin' my head ... we were never in a position to legally charge them (FIRREA) ... (the 34' Act protects the FDIC ) ...
Nope, ... there is and has been a whole lot more going on here' ... If the FDIC was totally justified, within their numerous actions, ... they could easily just tell everyone to "go pound sand" ... and no release would have been considered' or needed ...
I have some thoughts which sort of bring this all full circle, for both the new company and also the escrow tracking markers at the same time, ... as both could easily benefit from returns from "R" ... however, at this late date, I have a feeling that all will be known soon enough' anyway' ...
... In my opinion, We' (the Debtors Estate ~ WMIH) have something special and of great value that KKR wants ? and wants to be a part of and in on ... and I do not believe this Dec 2014 large rights offering, has to do with, or is regarding a shell company with the possibility of some net operating tax allowances ...
AZ
