TCR
let's play what if OK
What if those assets WERE HELD OFF BOOK both at JPMC and WMAU and JPMC only HAD SERVICING RIGHTS as seems to have been shown to be the case..........
ALL JPMC is gonna lose is NOTHING off their balance sheet/Ledger correct??????????
IF in fact they have if you will just been a custodian of those assets and were being paid for their services for taking in money and handling those accts(this again has been shown where any and all money is to be paid by JPMC Interest ect).
NOW assets ARE NOT CASH and if there are assets(WHO THE FK KNOWs) then it will not affect JPMC one dime( if they were NOT ON JPMC's books as their assets) , short of if they lose the servicing rights,now along that line too , WHO THE HECK has enough staff to service these loans IF THEIR ARE ANY?
It's for certain that WMAU doesn't have staff sufficient enough to service them so ,JPMC may keep doing what they are doing............"""SERVICING THE LOANS" till they are paid off , damned sure WMIH can't , they aint got no people to do it
I am not of the 160 bill camp , but I am of the camp that say "THEY WILL END UP BUYING US WITH OUR OWN MONEY" whoever THEY ARE!!!!!
Interest alone even on say 40 bill for 7 rs at 5% is a nice chunk of change , so lets say 40+14 = 54 bill give or take...........
NOW this costs NOBODY NOTHING!!!!!!!!! IFIN there are assets that were in fact off book........At WAMU and JPMC was JUST A SERVICER as hasd BEEN SHOWN at least 1000 times
Do you ever hear anywhere when a company returns what was not theirs to the rightfull owners or HOW IT AFFECTS their balance sheet SINCE THEY NEVER HAD THOSE ON THEIR BALANCE SHEET to start with????????
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