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Post# of 732425
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Jestiron

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Jestiron

Re: ez2bl8 post# 120100

Friday, 11/13/2009 10:18:33 AM

Friday, November 13, 2009 10:18:33 AM

Post# of 732425
I see there have already been some responses to your post. Are you seeing what we are now?

The FDIC took the "contents" (WMBfsb) which were not theirs to touch. WMI owned the shares in WMBfsb. WMI owns the DEPOSITS IN WMBfsb as well.

So:
1. WMI owns the shares of WMBfsb which the FDIC and sold to JPM,....
2. WMI owns their deposits in WMBfsb,....

What the FDIC took was WAAAAY more than they had the authority to take.

Note: Do not make any investment decisions based on the information provided in my posts; past, present, or future. Only you are accountable for decisions made by you and/or your counterparts.

http://jestiron.carbonmade.com/

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