InvestorsHub Logo
Followers 73
Posts 2670
Boards Moderated 0
Alias Born 08/29/2017

Re: newflow post# 486002

Wednesday, 08/30/2017 1:27:57 PM

Wednesday, August 30, 2017 1:27:57 PM

Post# of 730195
Currently the FDIC balance sheet is ~$2.7B minus $645MM for JPM, and $3B pending for the Trusts that DB is Trustee for.

How come you're "liabilities around $257B" does not show on the Balance Sheet?

The ~$299B doesn't show on the Balance Sheet is because "the Payment" was not been made yet at Balance sheet date.

"the Payment" with Treble Damages [#5885], and "use-value" [the WMI Action] will constitute the Change in Control for "WMB and it's assets" to close the Employee Claims issue. For BR to move to a different firm, the "CIC Summary Judgement" for the Employee Claims issue is singed.

For the "CIC Summary Judgement" to be signed "the Payment" has been made.


HLCE
Ron
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News