~ Hey Bo, Thanks For Weighing In’ ~
Yes, and that ? Is 100% Correct ...
Here is an interesting little multiple billion dollar ... nugget’, ...
The most recent, FDIC balance sheet, ... shows the priority # 1 (Administrative Expense) being addressed with JPMC’, ... BUT it also continues to show the ... senior & subordinated claims, ... When, JPMC itself submits the actual values of the WMB Notes as a double plus value, as of January 2015’, ... ? ...
And, ... the WMB Notes Supporting Trusts, ... show on DB’s Exhibit 2’, ... BUT ? they were not listed or considered in Dunn & Phelps Attachment 1’, when the 11.9% loss ratios were calculated ... hmmmm ? ... right ?
That Original WMB Noteholder Program, with their values so enhanced (as per JPMC’s reveal as of Jan 2015) ... would have surely thrown off those loss ratios just a bit ...
just sayin’
AZ