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Post# of 730096
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Soldier Of Fortune

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Soldier Of Fortune

Re: niceseashell post# 554994

Monday, 01/14/2019 3:38:19 PM

Monday, January 14, 2019 3:38:19 PM

Post# of 730096
Mr. Kosturos was also the Chief Restructuring Officer for Washington Mutual (WMI), negotiating an approximately $6.5 billion settlement with JPMorgan and the FDIC resulting in a recovery of more than 100 percent for all unsecured creditors and a recovery for equity holders. In addition, Mr. Kosturos stabilized the situation and established a new organization at WMI from the one employee that remained after the seizure of the bank.

$6.5 Billion for JPM and a 100% recovery for Equity Holders???? Hmmmm..
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