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Tuesday, October 13, 2015 3:58:47 PM
***And here is "tens of billions"***Yes, tens of billions- The now infamous JPM year ending 2014 10K R203. All this link takes is an email to verify.
http://www.secinfo.com/dJ5e.m8v.b.htm
R-203...... (Off Balance Sheet 165 Billion-Yes, that is tens of billions)
____________________________________________________________
55: R203 Off-Balance Sheet Lending-Related Financial HTML 150K
Instruments, Guarantees and Other
Commitments - Loan Sales- and
Securitization-Related Indemnifications
(Details)
_____________________________________________________________
Piers Investors Investors NEVER Received NewCo/WMIH Shares and NEVER Received Escrow Shares = FACT
+++++++++++++++++++++++++++++++++++++++++
Equity Investors = An Abundance of Recent NewCo/WMIH Shares and ABUNDANCE of Escrow Shares = FACT
JPM made an announcement about shedding 100 billion before the filed there 10K filing showing 127 billion in off balance sheet collections regarding former WaMu. This was this past Wednesday afternoon they made this announcement on CNBC along with shedding hundreds of brick and mortar savings/loan building.
I find their reasoning with shedding 100 billion in cash totally laughable. I do believe this is the start of the reconciliation process since the P&AA expired in 9/2014 as they had to warn their shareowners about cash leaving their balance sheet.
Also the CNBC or other talking heads would not even discuss this HUGE number. This kind of sounds like what they did with the worldwide blackout of WaMu in print/media for the last seven years. I can think of only one logical place this will go and that is indirectly into Escrow Share Account owner's accounts. Yeah!
JPMorgan to shed $100B in deposits - CNBC.com
http://www.cnbc.com/id/102451270
JPMorgan to Close 5 Percent of Its Bank Branches - ABC ...
http://abcnews.go.com/Business/wireStory/jpmorgan-close-percent-bank-branches-29190919
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