Dime Bancorp Inc (fka DIMEQ)

[philipmax]

"Suing JPM hardly realistic." Not hardly realistic but highly expensive.

The other silent partner is FDIC. They are the real culprits. How dare they presume to sell their own conviction liability to a third party with total disregard for the beneficiary's property rights?

It boggles the mind. Imagine that I was convicted of stealing money from someone and I transfer the "conviction" to another by paying him, and telling him that, he can keep the proceeds without having to pay a dime to the victim?!?! Whaaaaa...? Where is Alice in Wonderland?

That's what happened and we are the hapless victims.

question? Can a judge over rule such a deal?

Significant fact here is JPM resold our rights to WMI when it was already in bankruptcy can a judge take it away? Apparently...Yes.