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Post# of 736073
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JimsZ

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JimsZ

Re: JohnnyWinter post# 118725

Friday, 11/06/2009 1:36:51 PM

Friday, November 06, 2009 1:36:51 PM

Post# of 736073
If they were "SOLVENT" there was no reason to FIRE SALE all the assets to JPM then were there? Are you telling me the FDIC couldn't have ran the banks while selling branches and the loan portfolio off? Didn't they do this with IndyMac and it sold for quite a bit didn't it? Isn't this their JOB?




Posted by: JohnnyWinter Date: Friday, November 06, 2009 1:18:22 PM
In reply to: Dragynn who wrote msg# 118724 Post # of 118738

That amount is not debt, and that is a claim to try and get capital contributions back, which they will not get because they were solvent.

If they weren't solvent, then they would get that money back but they would also be liable to give even more money than that back to the bank from dividends paid by the bank to WMI that should never have been paid if they were insolvent.



lose lose

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