Never ever accept the first offer, NEVER. And when that BEYOND "fair and reasonable" offer does finally come along, which it will, eventually, add 15% per year compounded annually for the wait LIKE THE BANKS DO. Then tack on the service fee for our account maintenance LIKE THE BANKS DO. And finally, when all is said and done, affix the penalty charges for late payment LIKE THE BANKS DO.
Jpms lowball "offer" a few months before the seizure was already denied by wmi as too damn low and they will not be able to make a better offer again ... The price will be the book value for all assets they got from the illegal seizure by fdic + interest ... End of the story . Period. All written down in various documents .
As bkshadowy said ... it is all clear and non fiction . Rofl .
The fdic will have to shoot their and jpms foot til 2018 or their nonrelease will make shure that we can take the "smoking gun" and let the "bullet" hit somewhere more "necessary" . And they will prefer the first option although it will be very "uncomfortable" for them.