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Re: rwdutch post# 629295

Tuesday, 07/21/2020 6:04:34 PM

Tuesday, July 21, 2020 6:04:34 PM

Post# of 730095
rwdutch...you have a right to your opinion, and I value that, equally as mine...but let me say, JPM got all they wanted from Wamu for 1.89 billion dollars, and why should they pay for more if they don't have to?..JPM has been silent on the issue for years now, the FDIC has grown silent, the hedge funds make no opposition to closure, and even the principals involved in this case have moved on, or dead now...The chapter 11 bk is over, the FDIC does not even have it on its radar anymore as witnessed by the response from Itsmyoption letter to the FDIC... just last week , we learned Sussman the attorney for equity has died from a freak bicycle accident, so the last link to our justice is gone now...as you are aware, having been an investor in financial matters, only the "force of law" will make money move to the rightful owners, and even then upon adjudication, years pass by with filings of objection, so forth and so on...There is no pressure by the FDIC to get JPM to comply with their end of the bargain here... now, with a looming financial meltdown in the economy, by the CV, it is now even more doubtful that JPM will keep its end of the bargain, if any...now, these are just my observations, but there are just to many principals involved in the bk 5AT to get a quick resolution....so, again, I respect your observation, but I just don't see a resolution in the foreseeable future....again, why would Wmi, if the money is held in trust, take it an place it where it would be vulnerable to bankruptcy again if coop should file, or greedy attorneys who would make a claim on it...to my mind, its not gonna happen... JMT... Lodas
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