Friday, October 18, 2019 1:14:16 PM
My Brotha Voodoo. They could not filed for Bankruptcy showing all the spoils. I think the Wamu executives outsmarted Demon and Bair and protected those assets legally. IMHO I think AZ is correct having those remote WAMU trusts makes sense and they can distribute that under the radar.
I was also skeptical but I believe hedge funds are not in the business of losing money. They had inside info and even knew about the 4B in cash WAMU had, also they have millions of escrow shares. They stand to lose a pretty penny and their silence speaks volumes to me.
Can they have a backdoor deal, who knows? But there are so many things going wrong here. Their is no clarity, too many blackout documents, FDIC and JPM losing the list of assets, judge ruling without a list of assets, conversation behind close chambers, no transparency, keeping in the dark, WHY???
Also one very important fact. Google WAMU mortgage backed securities and you will find many of them being serviced by different banks. I have seen some of these showed up in court being disputed by mortgage owners as recent as March of 2019. Who the heck are the owners of all those trusts???
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