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Re: Boris the Spider post# 721431

Thursday, 01/04/2024 7:16:36 PM

Thursday, January 04, 2024 7:16:36 PM

Post# of 729824
Accumulation of Interest Payments is Very Expensive.

Think; interest on penalties payments.
This is akin to compound interest, not compound interest and it’s not simple interest.

THJMW has set the Precedence in a previous ruling.
Interest on the penalty is additive to the next payment.

I’m confident that JPM and BoA are doing the math on a settlement point because of the accumulation of interest payments is getting painful.


LIBOR is all about settling the Derivative Market Meltdown of 2008 when the Derivative Contracts writer’s ran out of money to cover the ABS insurance contacts. This market was based on the LIBOR interest rates that JPM, BoA and friends manipulated.
A criminal offense.

! Money for Releases!



Ron
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