I asked permission from tako11 to bring his post here
Re: From ItsMyOption at IHub, Email from WMILT/Chad Smith « Reply #31 on: Yesterday at 09:39:52 PM » Quote
Just some questions for the board to answer
If Wmi paid Jpm in 2016 8b service fees for servicing of 600b of assets and the service fee is 1% (actually should be 800b) who suppose to be Owning these assets at that time ? If we still the owner of the assets till that time did we make any money of it or were sitting uninvested I know we did not own all the assets but owned 43% ..definitely money made at that time before all assets transferred to jpm Please do not tell me jpm was the owner since 2008 because it did not
If Wmi paid 550m for dime trust after jpm got everything then who got dime trust assets and where the amount that jpm sued us for did come from ? Do not tell me jpm got the trust and won a 550m settlement at the same time
How tps end up only getting 6m shares of coop after the split which will get them a recovery of only $300m if coop share went up to $50/share while their investment was 3.7b Is that type of recovery make them to accept a plan they were vigorously fighting in court Do not tell me they did
If we answer these questions truthfully we will know the outcome Good luck Tako
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