Friday, March 23, 2018 3:43:02 PM
was artificially set at ~$17.7B-$24.4B, which just so happened to be the anticipated RMBS Loan Loss. How did they know that ?
;)
The WMB Stock Abandonment valuation is to be determined, and compensated with "the Final Payment" for "WMB and its assets".
$299B - minus RMBS Loan Loss + plus WMI is a Creditor to WMB = "the Final Payment" for "WMB and its assets".
NOW multiply by THREE (3) for "Willful Misconduct" of RICO for "the Final Final Payment" for "WMB and its assets".
JPM cannot be Released by the WMB Noteholders Group for RICO until "the Final Final Payment" for "WMB and its assets" is made. There is NO "Statue of Limitations" on Criminal RICO. JPM si still exposed to Criminal RICO charges.
Payment made to the Owner of the Original Debtors Estate, the Common Shareholder.
Preferred receive compensation from their "Waterfall" bucket as in Trust Preferred Securities, which should happen with the Stock for Value transaction and before NSM merger.
"Re-Perpetuallize" the Ps.
The proceeds from the 363 Sale of $20.7B, now about $30B after interest is split 75/25% as a LT redistribution. NOT as LTIs !
And some other stuff.
HLCE,
Ron
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