me too
were beginning year 8 and STILL nobody can confirm what is going on with the loans.
if jpm assumed the loans free and clear this mess would be all over long ago and JUST as the examiner said equity will be cancelled.
he was so sure NOT only we had NO leg to stand on to recover assets but he believed litigation would be worthless due to JPM's counter claims.
my excitement comes from rereading the examiners report.
if the examiner believed we had NO litigation funds, NO grounds for success if claims brought against the FDIC, JPM Or the government in a ill willed take down....
WTF did SUPER SUSMAN say behind those chambers for two months to include us in the GSA??
I mean my god.... the examiner said his examination included the likelihood of claims being pursued were darn near worthless because we had ZERO evidence collusion was present.
We had nothing...
and all of a sudden we got:
wmih
nols
disputed accounts in the billions
loan payments returning to equity
exhibit "Z" loan portfolio
an account held by wells Fargo for the sole purpose of holding cash for escrows
and escrows with no cap.
so if the examiner said NO merits for legal claims
how or more importantly WHY did we get so much? OR WHY WERE WE INCLUDED???
you dont include someone in a legal contract unless they have a valid claim. but Susman had the evidence just like we thought and so...
Susman brought the hammer with him to court that day and tore down the house.
i have no explanation or understanding how you can make someone budge unless you have damning evidence against them. and im not talking about insider trading.
go escrow
go wamu
go Susman
go wmih
glta
News 
Market Data 
Discover 
