kevins, this is a good find. Now let me posit the following. WFC held three jumbo accounts for WaMu tax refund in the multi-billions, also for remittance of funds from JPM per Amended POR 7.
Further, I believe WFC was also a Trustee for some of WaMu securities including the 65 billion case involving JPM, DB, and the FDIC settled and 2B plus paid out to DB with 750M paid to JPM of the 65B. We never heard anything further from these accounts...hmmm...no doubt Safe Harbor monies...
Now could COOP be in the market to issue preferred shares for a huge portion of the WFC action then paid into a DST where the beneficial owners are those investors who signed timely releases by 3/2012? Seems extremely logical to me.
Just trying to connect some dots with a few facts tied in so interesting, to say the least in my view.
xxx