Stillhoping........I didn't want to upset Boris anymore than he is already with me....The best part of the FAQ as posted by kcclic was that WMIh recognized that there were posters on message boards spewing false information about returning assets when the WMIH 10-q states that there was only about 37 million dollars in Trust, not billions upon billions as some speculate...also there are some posters that conflate the 299 billion that the FDIC is holding is CASH in some offshore safe harbor venue....why did the FDIC make that statement anyway?....those are MBS that the FDIC got when they took over WAMU... remember, Rosen said that WMI held no safe harbor assets and that they were all sold off to GSE...this is my opinion only......The FDIC took everything and gave it to JPM for 1.89 billion... JPM failed to dispose of what they received and wrote the assets down to below good will, so that there will be no payment on the bonds, or the unsecured preferreds when the Receivership is closed... the FDIC is "milking" the 299 billion in MBS until the last one pays off , then close it...LIBOR will not accrue to the old estate holders....finally, there will be NO MORE ADDITIONAL PAYOUTS TO EQUITY CLASSES, and yes, escrows were removed and deemed as worthless...thank you for the reply to my post in a civil manner......Lodas
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