InvestorsHub Logo
Followers 4
Posts 24
Boards Moderated 0
Alias Born 06/16/2016

Re: ron_66271 post# 726878

Saturday, 04/27/2024 1:51:00 PM

Saturday, April 27, 2024 1:51:00 PM

Post# of 727686
Ron, could this be connected to the agreement made between JPM, Deutsche Bank, the FDIC and WMI that was agreed on in 2017 or 18? If so, and if my memory serves me right, that was supposed to be the last agreement in the waterfall before shareholders started getting wet. I specifically recall a quote from one of the court filings where JPM and Deutsche Bank had outlined the percentages each would get “if” funds came back from the FDIC. If the FDIC is currently calculating Libor adjustments, that ought to reduce if not eliminate - or even change the outcome to be in WMI’s favor, since both JPM and DB were implicated in the Libor scandal.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News