Wednesday, December 02, 2015 12:02:39 PM
The statement sounds self protective.
They cant say there is and cant day their isnt.
So they say what everyone says.
Not likely.
Wasnt likely a year ago that we would be looking at 30 dollar oil either.
I think i will wait for the definitive statement from someone who actually knows what is where.
So far there is only forward looking statements from people who are half blind like the examiner.
Him saying no money for escrows is like going into the beer isle in a grocery store and saying you dont see any food.
You need to look at the whole store to make a true judgement of the situation.
As far as i know not a single person has seen the whole wamu pile at once. They have all seen half the pile and made a judgement.
The few lawyers who may have seen it all are lawyers. They dont even know how to tell the truth.
Rosen... no money for escrows
Rosen... billing for 28 hours a day
That is not a very reliable source
Examiner...cant look at the whole picture
FDIC will never admit that they did anything wrong. They will send out checks while denying there is any money left.
Time is the only thing that will reveal the truth
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