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bkshadow

07/31/15 6:08 AM

#430917 RE: gold-nugget #430845

gold-nugget, "valuation" versus "existence" of assets...

...is the difference.

...the "valuation of assets" scam in Kmart.

...the "existence of hundreds of billions of hidden assets, off-balance sheet assets, "secret mediated assets", "assets belonging to investor/owners of mortgage backed securities", "commercial apartment loans sold to JPM", "portfolio loans sold to JPM", "land ""under branch banks"" sold to JPM", and "JPM customer depositors' cash accounts. are the assertions in WMI/WMIIC.


gold-nugget Thursday, 07/30/15 07:48:18 PM
Re: bkshadow post# 430840
Post # of 430916
You just stated what Wamu and Kmart are alike. Per your own quote. ...


"Kmart, from what has been posted here (I don't know why, unrelated), had a valuation of assets issue. ".

Valuation of assets issue. Bingo.