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The BANK assets that were seized were not

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hotmeat   Monday, 08/26/19 01:02:37 PM
Re: footballref-8541 post# 586010
Post # of 619142 
The BANK assets that were seized were not part of the bankruptcy case and as such were never re-evaluated...it was always a WMB Receivership issue between the FDIC and JPM only.

You may want to reexamine your """facts""".


EDIT: All I was simply stating was that the FDIC allowed JPM to manipulate the bidding process by undervaluing WMB's assets during negotiations. This resulted in them being allowed to purchase the assets for $1.88B. This has nothing to do with any assets that WMI possibly held or still hold now, or the ongoing bankruptcy..

IF I'M WRONG I WILL HUMBLY APOLOGIZE, BUT IF I'M RIGHT...WILL YOU???
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