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sometimes_right

05/22/15 1:39 AM

#423973 RE: 955 #423967

Also...only relatively small "chump change" claims remain...theoretically they could immediately be "paid in full" and not put a dent into the total amount of assets equity is expecting to receive back from FDIC-R...OR if the attorneys wish to suck more on the teats of the ultimate cash cow, they could set aside the appropriate amount of money to fight the claims with reserves for payment of approved claims...and continue to "post close" the receivership and distribute any monies due shareholders - imo

hotmeat

05/22/15 10:59 AM

#423995 RE: 955 #423967

I don't think claims resolution can be calculated in the manner you posted. There are complex claims (JPM, Marta, FDIC etc) that would have required more extensive litigation. Since the largest ones have been officially expunged we are now left with the "scraps" which I believe can be dispensed with quickly.