katekir1234, you are too far from reality. Az,Ron,Lg (and many others) are the most brilliant posters on this board.Money didn't disappear ,and as far as distribusion time frame ?! it s all up to the big players that are involved in the process.We all know we are closed to the end of wamu journey.
It s not a question if we get pay,the REAL questionis is when and how much!!None of us can influence the process.
Well, 65 billion is very conservative number.Most likely 85++ billion.If WMB was not seizure by FDIC , how much would be WMI market cap today?! Most banks increased their market cap up to 300% from 2007 market cap value.WMI would be around 200 + billion market cap today, if FDIC would not take WMB down.JPM will pay us with our own money and make it out like bandits with ++ billion in profit.
IMO
All posts are "in my opinion". Not a recommendation to buy or sell a security.