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Juschilln

02/19/19 7:54 PM

#559863 RE: ron_66271 #559860

1.4 trillion?? U escrows get all of that!!?

AZCowboy

02/19/19 8:05 PM

#559866 RE: ron_66271 #559860

~ Ron Again, Correctamundo' Docket #'s 5885 = 9901 ~

Docket # 5885 was the GSA Settlement Acknowledgement Between WMI and the FDIC;
http://www.kccllc.net/wamu/document/0812229101112000000000029

And, With Only The "Equity Interest" in WMB Originally Being Released, Docket # 9901 was part of WMI's Portion of the GSA Settlement Realized while the litigation continued to a settlement in D.C. ... "Globic" ...
http://www.kccllc.net/wamu/document/0812229120316000000000016

... And, Never, Never, Ever' Miss Those Footnotes' ... AZ' Always Luvs Footnotes' ...

=====================================================

In its capacity as a creditor, WMI claimed, among other things, that;

(I) the FDIC dissipated WMB’s assets by selling substantially all the assets of WMB to JPMC rather than liquidating WMB’s assets, and thus the FDIC breached its statutory duty to maximize the net present value of such assets, and therefore owes damages to WMI;

(ii) the FDIC’s wasting of WMB’s assets constitutes a taking of property without just compensation in violation of the Fifth Amendment to the United States Constitution;

(iii) the FDIC’s refusal to compensate WMI for property taken in the receivership constitutes a conversion of WMI’s property, actionable under federal law;

(iv) the FDIC’s refusal to compensate WMI for property taken in the Receivership constitutes a conversion of WMI’s property.


=====================================================

Remember, the FDIC R & C as Entities have not yet been released by the WMB Class 17's, or by the WMI Class 19's and the Class 22's ... the receipt of the returning ownership distributions, secure those still needed release'

AZ








Boris the Spider

02/19/19 9:12 PM

#559868 RE: ron_66271 #559860

Thanks Ron. Yep JPM still needs to pay for the bank. If you put a deposit on a car you dont get the title until you pay in full.

Paying 1.9B down on Wamu is like putting $100 down on a new Porsche...

It aint over until my ex motherinlaw sings.

tony_t

02/19/19 9:32 PM

#559872 RE: ron_66271 #559860

Thanks Ron..you are one of the most consistent and reliable posters in this board!!!

wamugold

02/19/19 11:19 PM

#559887 RE: ron_66271 #559860

Thanks, Ron. Quote: "Love it when a plan comes together"
George Peppard as Hannibal Smith