Tuesday, August 22, 2023 10:32:45 AM
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172401859
In its capacity as a creditor, WMI claimed, among other things, that;
(I) the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;
(ii) the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;
(iii) the FDIC’s refusal to compensate WMI for property taken in the receivership constitutes a conversion of WMI’s property, actionable under federal law;
(iv) the FDIC’s refusal to compensate WMI for property taken in the Receivership constitutes a conversion of WMI’s property.
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(Docket # 5885 was the agreement, ... Doclet # 9901 was the completion of the agreement by BOTH', ... WMI and the FDIC ... as WMB Was Released and Serviced by JPM)
Docket # 5885 was the GSA Settlement Acknowledgement Between WMI and the FDIC;
http://www.kccllc.net/wamu/document/0812229101112000000000029
And, With Only The "Equity Interest" in WMB Originally Being Released, Docket # 9901 was part of WMI's Portion of the GSA Settlement Realized while the litigation continued to a settlement in D.C. ... "Globic" ...
http://www.kccllc.net/wamu/document/0812229120316000000000016
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maybe this extremely relevant information dating back to 2011 was simply overlooked'
just sayin'
AZ
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