It’s all just simple Accounting. Plus you failed in the process evaluation.
Yes WMI sued the FDIC for $307.02 Billion in the Dual Track for WMB and it’s assets. Yes it was Ruled from the Bench that JPM was obliged to pay full Book Value for WMB and its assets.
JPM is on the hook to pay full book value for WMB and its Assets plus damages and past interest.
The FDIC agrees after $7.9 Billion came back to WMI. The FDIC’s corrected number $299 Billion for WMB and its assets. FDIC numbers not mine.
All documented. Maybe you just didn’t read those documents because you don’t understand numbers!!!
Yes TBTF owes $1.56 Trillion to ABS/RMBS security holders.