"JPMorgan found a $30 billion 'unexpected bonus' in the remains of Washington Mutual". By the way, why was this not returned to the estate? Another reason why escrows needed a top-flight legal team representing them. If the estate could pay A and M why couldn't they pay for a great law firm?
HM is right. The bk and LTI are done. There is no distributions passed class 18 from LTI. As of Jan 10, 2020 LTI is gone. There is no money coming to equity. There is money for equity but outside of LTI.
So in your mind $30B in loans is worth $30B??? Are there are not fees to be paid, repayment of principal, interest on principal, losses and the myriad of other costs associated with the loans? In any event those loans are now solely owned by JPM, not former WMI Equity.
News 
Market Data 
Discover 
