we need only remember we (parent company) had to negotiate and give a ton away - to get back what were our deposits in the billions
IMO - its 99% that the pay out to escrow is say nothing to 300 million (made up number)
Of the other 1% I give 9/10th of it to money found since the agreement that went to JPM or the FDIC or ? on the assumption it belonged to the bank and it belonged to the holding company
That is 1/100 but IMO can happen - especially with how our deposit was stolen and how we did have some leverage for that month of negotiation
But again - that is 1% and that amount would top at 1 Billion
it the findings of DD (not the logic of well Sussman must have gotten us more) show dollars that belong to the parent company that are elsewhere ---- those who found such money should have seeking contingency representation six months ago
now I do recollect that I gave away a lot of rights to get the WMIH and LT - so if the DD people hire attorneys they need to win and push the money through the LT or to WMIH
Without lawyers - JPM simply will not give up money and the FDIC facing WMB bondholders and DB will have an empty pocket
al of course in my opinion based on the LT financials and my on the face of it logic that we LOST in court ---- and LOST means lost. We were screwed but that does not mean justice will prevail