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LuckyPanda

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LuckyPanda

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Wednesday, 08/30/2017 8:34:36 PM

Wednesday, August 30, 2017 8:34:36 PM

Post# of 730626
The gross interest profit margin on Wamu loan portfolio was $9 billion/year. That is not fantasy. It is in their 2007 10k. Unless anyone can show me an interest profit revenue rise of $9 billion in JPM 2008 10k, I'd say its pretty safe to assume our money is sitting in safe harbor.I still think we are looking at a minimun of $80 billion return even after accounting for 40 percent discount on wamu loan portfolio and about $24 billion in missing wmi equity.
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