if we could look at a specific example say the P escrow markers;
Assuming COOP(WMI), the accredited investor in the P ABS's, get the returns from the ABS's, what is the mechanism or guarantee that the related escrow markers gets any of the returns?
So apparently since “big money is involved” they own most of the Old Common shares (WAMUQ) instead of most of the Old Preferred (WAMU-P and K) because only Old Commons are going to get all the hidden trust assets after Preferred stocks are paid their face value? Show me the proof of this.
This is the funniest part of this whole thing!!!!!!
"Proper Legal Protocol needed to achieve a final ending process"
There has NOT been one PROPER legal protocol during this whole bankruptcy.
1: Rosencrap filed claims against JPM nd FDIC claiming to be fighting for shareholders.......claims in the Billions...... ------WHICH removed once we go left holding the bag.........
2: Everything was sold to JPM by the FDIC for 1.89 billion....
Stated by FDIC, E. Sargent and rosencrap.....The three amigos...
3:JPM for 1.89 billion profited over 30 billion on unknown apt loans...:Look what I found", FDIC also paid JPM 600m for well making the profit......Than give over 1/4 of the tax credits.....and sold all 3.1a assets to them included in the 1.89b.......