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Re: SamuraiProgrammer post# 654767

Sunday, 04/18/2021 2:54:57 AM

Sunday, April 18, 2021 2:54:57 AM

Post# of 730709
There was a settlement between WMI, FDIC and Jpm. Jpm received 600 million on top of the other lost money. FDIC was supposed maximized the dollar value of the assets, yet gave it away.......FDIC was only in hold of wmb not WMI. The only thing left was libor and I do not expect to see anything from even though wamu was the biggest mortgage writer. FDIC has 14 b on the books if they actually did their job that would have been taken care and do you thing the bk would not have closed. The bk closed.......FDIC can not touch the capital trust. Pretty a hidden treasure......

Do you think kkr would have been able to received dividends up till 2017 if the fdic was involved. The dividend came from the interest of the p’s that we own.....ownership change.

Either way, bk is closed, LT is done 3/2021. Ownership down 2/2021.... now we see if they do a catch up......before coop can move forward again.....
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