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Re: primewa post# 422669

Wednesday, 05/13/2015 10:29:16 AM

Wednesday, May 13, 2015 10:29:16 AM

Post# of 730208
prim, nice read, so what does this have to do with escrows. It sucks that jpm stole wamu, which they absolutely did. JPM would have had to have the government directly bail them out for over 100 billion if not for jamie, snake oil salesman, dimon having luckily already analyzed wamu and knew they had a ton of cash. He talked paulson into seizing wamu to save jpm from bk. All that said and done, as wrong as it was, it will not benefit escrows, why, because the assets have been sliced, diced, laundered. As much as I hate to say it, there probably has been collusion between the feds and jpm to cover the theft up. This is why I don't think escrows will get anything substantial. FDIC and JPM are just way to connected politically to have any dirt come out, thus assets gone, escrows screwed. all in my opinion.
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