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Tuesday, 09/20/2022 8:53:12 PM

Tuesday, September 20, 2022 8:53:12 PM

Post# of 734651
below is the link to the Global Settlement between all parties associated with the Receivership, and creditor claims within the WMI chapter 11 proceedings.... what I find amazing is that those expecting estate returns fail to read it, but still cling to unfounded speculations about return of money for signing release documents.... if the SEC document is read entirely, it says that WAMU gave away all its assets to JPM, for 1.89 billion dollars, and failed to pursue court action against the FDIC, and JPM to retrieve them, as being too costly, and time consuming with an unfavorable outcome because JPM would initiate a countersuit against WMI....pages upon pages of WAMU assets were forfeited to JPM, and it shows up on the Feb 2012 Monthly MOR as (20.77 billion) in shareholder Retained Earnings....yet, no one talks about it on the message board??....the money that everyone is expecting is gone, and has been gone since the GSA was signed, yet some still expect money...I find it fascinating that people still believe that money is forthcoming after 10 years waiting, all agencies involved have said nothing coming back, SEC document thats has pages upon pages of assets given away, and written off shareholders Retained earnings, and they still don't get it, or believe it... Wow.......Lodas
https://www.sec.gov/Archives/edgar/data/933136/000090951810000371/settlement_agr.htm
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