Speculation, Thoughts and Nonsense.
What I know is all the D.D. I have done and will continue to do so points to nothing I know to a 100 % correct dollar amount or payment to Escrow holders.
I did not create the settlement or are privy to anyone or any internal disscusions that would shed light on the $ amount that Escrow shares are to recover.
I am not an expert bankruptcy attorney. I am intelligent, based upon my I.Q. ,"however its news to me" I am familiar with Chap 11’s .
I can read well and easly find resources to help me decipher stumbling blocks and ambuguities. I know that the amount of money that WMI had ,and some safe harbored in trusts and other vehicles was is staggering.
I also know that some of the very best lawyers and accountants in the world are and have been employed in this case and in reaching the settlement. “The best only come to play when they can make lots of money. “
I KNOW that this was a matter of of National importance and washington mutual was taking down to save Jpmc from failing JPMC desperately needed the deposit base. However I believe that fraudulent conveyance is real …..and has consequences that payment has and will be received in some form one way or another in a small or large package.
I know that this was all spun as a failure to cover the real motive. I also know that our legal team was silenced a few times in court early on as they touched on a few issues that where not to be spoken of. I know Steve Susuman upon approaching the bench tendered something to the Judge that Got sealed. I do know that some of the biggest Hedge funds in the world are heavly invested in both classes of holdings Escrow/New shares. I know all longs are tired of being left in the shadows of a extremely long chap 11 cloaked in deafeningly quiet air tight case.
I know that so many here are working on a daily basis to find the path and mechanism that will prove recovery that are selfless, bold enough to share, wok extremely hard to unearth the pathway forward to reimbursement and restitution.
When it all gets boiled down I do not like to predict amounts and timeframes. I do appreciate those whom are bold enough and have the courage to stick their necks out and make best shot at it as this is a message board to share thoughts ideals and contentions. This is not a place to put others down or off because they were bold enough to share their D.D.
It’s a big boy world so do not put your faith and belief in someone else. They are merely sharing what they are kind enough to share and in the end no one except yourself can feel ,blame ,or be upset with anyone other than yourself.
In the end whom ever is right wrong or somewhat either way gets no $$ they get no compensation , they get the self-satisfaction of calling the winning number, but in the end that is NOT why most contribute here.
I personal feel payment.01 to ? will come very quietly and with no fanfare. I feel the only indictor we may have will be WMIH , however that too is skewed do to control /
Keep it Kind , Keep it real , Work your azz off on the D.D. and research and be thankful your in a group of fellow Wronged shareholders trying to find a RIGHT! Sorry if my post is a bit shift as I am working on one eye and got hit hard via a Mig Arch in the right eye…freak accident and hurts like a Mother (you know). So if I a bit off my apologies.
What I know regards,
B
AI
