Who said this? This person even bragged that he was right. Ouch!
================================================================== "... ALL, documented ...
The agreement entailed a payment to be made by the FDIC to WMI' as a financial assigned settlement, for WMI's ... banking sub ... "WMB and its assets" ... seized and then sold to JPMC, prior to a proper valuation being done' ...
... $17.7 Billion Dollars was required to separate WMB' from the WMI TAX Group, ... and the Judges recognition of (approximately) a return of $6.5 Billion Dollars in Capital Contributions ...
... so yes, roughly a $24 Billion Dollar Payment is to be paid by the FDIC to the WMI Estate, to complete the original payment agreed upon to satisfy the claims against it' ...
AZ " ==================================================================
"The FDIC is to pay for WMI's illegally seized property = WMB = ... in the amount of $24 Billion dollars, in which the $8.37 Billion dollar Capital Loss Allowance, will be able to be legally utilized against any of the new company's tax responsibilities for the eventual receipt of this money ... "
"... I say the FDIC will pay up, no later than by March 16th, 2017 ... $24,000,000,000.00 plus the associated $8,370,000,000.00 tax responsibility associated with the agreed upon' return ..." ==================================================================
"Joe,
I am right ... it has all been presented in the sequenced documents' ... I respect your discipline regarding the employee claims issues, ... however ? ... on this ? yes, I'm sure ... "the Settlement" ... is real'
March, 2017 ?' according to the IRS General Rules ? ... is the drop dead date' ... however, due to partial year considerations as discussed "on the record" ... I say the FDIC makes good on this prior to years end' ...