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Post# of 729598
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hotmeat

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hotmeat

Re: jerrylev post# 536484

Wednesday, 09/05/2018 1:39:29 PM

Wednesday, September 05, 2018 1:39:29 PM

Post# of 729598
JPM can't buy Trusts, they are independent entities...this has been well discussed here.

The Trust is formed, assets are placed into the Trusts and Interests are sold/retained, end of story.

No new assets are written and placed into a Trust, the existing assets pay returns until all loans are paid off...THE END!

As long as the Trust exists and WMI owns an interest, cash will be generated.

The LT may still have Creditor claims against the FDIC-C and FDIC WMB Receivership which it seems to have never released, even under the GSA. Those claims have nothing to do with JPM or the WMB assets they acquired. The FDIC-C/R must satisfy those claims by liquidating assets they may hold. The only action the FDIC has against JPM is the Libor rigging suit...totally unrelated.

"Eclipse is WMIIC"...that ron?

Please!...LOLOL.

The Socratic Method...is the best method!

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