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Saturday, January 31, 2015 5:25:13 PM
...that the Petition was "amended." At least someone finally has.
Yes, the words changed to correct (IMO) the poorly written footnote in the original petition. The words "on account" were deceiving as it implied cash. The "Amended Petition," as you state, corrects that and further explains that it is primarily WMI's investment in WMB.
Regarding the FDIC-R document, yep, it shows the bank was well capitalized but "solvency" was what the cabal of the FDIC, Treasury, JPM, GS et al used as the excuse, probably manipulated, in order to do what they did.
NO DISAGREEMENT AT ALL.
However, WMI's investment in WMB would normally be equivalent to WMB's net assets. My clear post illustrates that most of what is reported on the Amended petition assets was WMB; the balance cash on deposit and on. And that stands correct.
WMB was the WMI asset. That is the point.
Fraudulently seized (and all the related causes of action, avoidance, etc.) is IMO true, but we've had our day in court and didn't prevail on such, equity settled, shareholders voted and agreed to the releases, and that is that. IMO.
Again, IMO it was a heist.
However, facts are facts and the WMB asset trail is clear and concise. There are no hidden or undervalued hundreds of billions of assets. Further, there appears to be no party in interest that has standing and/or the funds to take ACTION otherwise (a lot of words).
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