AZ, you are one of the most competent posters regarding the speculation surrounding the billions coming back to escrows.
You are probably accurate on many of your points and since you have are legally experienced your speculation has more merit than most.
Problem is, you are thinking what should happen if it was an equal playing field with honest business men/corporations involved.
Problem is that is not what takes place in these types of situations. What takes place is a dog eat dog world of theft, power and connections.
You may have legal experience as you say. What I have is how these types of situations play out almost 100% of the time. With jpm involved that "almost" becomes even closer to a certainty.
You lay out this sophisticated strategy that those in the know were using to eventually get escrows paid.
You lay out the scenario where sussman schooled rosen and out lawyered rosen every step of the way, lol. You lay out this grandiose idea that it is only a matter of time and all the ducks are lining up for some entity to return over 100 billion to the "estate" holding company.
What you seem to forget is at the 11th hour one of the luckiest events occurred when that young dude ( can't remember his name) stood before the judge and persuaded her that the hedgies were corrupt and that allowed sussman to have some leverage to get the NOL's and the hope of a small return for escrow holders. Why do you think the powers to be signed off on the escrow place cards because they knew very little if any assets would come back.
So, what is more likely your scenario, even though I still cannot even fathom who is the steward/manager of the 100 billion in assets and where they are and neither can anyone else. Why because there has never been a sum of assets close to that number conveyed back to the estate in a bk situation WHEN THE TRUSTEE HAS NOT GONE AFTER THEM OR LAWSUITS FILED LEFT AND RIGHT CLAIMING 10S OF BILLIONS IN DAMAGES were filed. hmmm, how is this going to happen again. The 100 plus billion is going to fall in escrows lap, how? lol.
Is your scenario more likely, or is it more likely that fdick didn't give a chit about anything other than saving their azz and turned everything over to jpm and jpm has had 7 years to steal those assets without a trace, NOW I SAY WITHOUT A TRACE BECAUSE NO ONE IS LOOKING FOR THEM. JPM HAS 100S OF VERY INTELLIGENT LAWYERS, ACCOUNTANTS, ETC. AND HAVE HAD 7 YEARS TO MAKE THOSE HOLDING COMPANY ASSETS DISAPPEAR.
Some say no lawsuit needed, that is so naive it's scary that people think in this high game of finance with 100s of lawyers working on jpm's behalf that any of those possible funds the holding company may have had are going to come back to escrow WITHOUT A FIGHT.
all imo
AI
