Btw, everyone should be reminded that the $3B allowable claim at the FDIC-R is only for the put back claims for "bad performing loans". 3B is not for the entire missing portfolio which is protected behind safe harbor. So far class 17 wmb notes have not seen a single dime from the entire missing portfolio behind safe harbor.
What I'm trying to say is that there is a big pot of money much larger than the $3B that is behind safe harbor. If FDIC simply took that portfolio and "gave" it to JPM, DB has a fudiciary duty to sue for the entire missing portfolio. They only sued for put back claims. The question still remains...
When are we going to see the payments to class 17 wmb notes from the main safe harbored portfolio (not just the $3B put back claims) resume? Why hasnt class 17 sued anyone for their missing payments? since the put back claims lawsuit has already been settled for $3B...class 17 should be asking "hey we understand that FDIC-R may not have enough money to pay us the $3B put back claims, but where is the rest of our money from the rest of the portfolio behind safe harbor?"
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