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Wednesday, January 01, 2020 1:06:22 PM
"Wednesday, 08/30/17 11:41:30 PM
"The PAA was completed with the "Final Approval" on June 30th along with the "Final Allocation" and JPM and the FDIC got their money on, or before June 14th. It happened.
JPM got their $645MM at the same time the FDIC got "the Final Payment" of around $900B for "WMB and it's assets" which completes the CIC. DBNTC and other Trustees received their Trusts distributions shortly thereafter, which finalized the PAA and Receivership and CIC with "the Final Payment" to the WMI Estate. IMO, on Sept 5th.""
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134277327
Yes The P&AA is Closed.
The P&AA is closed to anymore negotiations between The FDIC and JPM regarding responsibility and valuation of "WMB and it's assets".
FDIC's response shortly after closure of P&AA;
$299 Billion for "WMB and it's assets".
The FDIC's receivership of WMB is NOT closed.
At least, at this time we have not been publicly informed of it's closure.
The GSA of WMI Plan 7 is NOT closed.
At least, at this time we have not been publicly informed of it's closure.
Both the FDIC and WMI await JPM's "the Final Payment" for "WMB and it's assets".
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