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Boris the Spider

11/25/14 12:45 AM

#408856 RE: jhdf51 #408855

azcowboy says "soon" as do I. I think known assets of ~$25B will be released soon...if not this year, by March for sure IMO (not very far away now). After other assets (from the $300B) are determined those will also funnel back through to the estate, so this could happen in phases over time. Seems like in their haste to heist WAMU over to JPM, they forgot many details on that cold Thursday midnight raid. Now the goods have been uncovered and the FDIC just doesn't quite know what the frigg to do about it. Soooo, they will quietly disperse these funds to the estate and into shareholders accounts with no fanfare (they know who those shareholders are from the settled releases). One day escrow holders will wake up to a much larger account balance than they currently have.
I for one will buy significant amounts of WMIH shares with my substantial account gains. I'm sure others will follow suit.
For the naysayers, what do you think could happen to those assets? They MUST come back. No other place to put them. :)