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Friday, October 30, 2015 10:28:27 AM
What does that mean: It is a license for jpm to steal all the assets of the holding company whatever they are and in whatever dollar amount. This is what so many on this board don't get.
I think the escrow dd'ers are just to nice and can't think like the crooks at jpm think. Let me put a scenario together for you and tell me what you would do.
Let's say, you were a big bank like jpm and you were handed a gift of a bank for pennies on the dollar and then you were also given access to assets that may or may not belong to you and no one is looking for them. Then you have seven years to figure out how to make your bank stronger and have 7 years to figure out how to make those assets your own.
Do you turn over the assets or do you talk with your bean counters, and lawyers and figure out how to secretly steal those assets and come up with a game plan to justify your actions should you get caught. If you had 1, 10, 100 billion staring you in the face what do you think you would do if no one was looking for those assets. Do you have your best attorneys come up with an rationale why those assets are yours or do you turn them over. Do you have your attorneys play chess and come up with defenses should you get sued or do you just turn the assets over.
Would you turn them over or would you justify why they belong to you and fight till the end to hold on to them, should you get caught, which after 7 years they haven't gotten caught so now they may feel they are in the clear, thus the 30 billion in the wamu ruble pr.
If you say you would turn them over then you are way to honest to be a banker, lol.
all imo
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