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xoom

05/21/24 2:17 PM

#728288 RE: ron_66271 #728272

Thanks Ron. This is now a sticky post for easy access.
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newflow

05/21/24 2:39 PM

#728291 RE: ron_66271 #728272

BUT THE ASSETS WERE NORTH OF $330 BILLION RON. WMB fsb.
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Civil War General

05/21/24 3:17 PM

#728293 RE: ron_66271 #728272

The people and companies who had deposits at the bank, called “depositors,” were the ones who owned the $299 billion, not the bank.
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PickStocks

05/21/24 3:48 PM

#728297 RE: ron_66271 #728272

You sound like Cactus now….the only thing you need now is a distribution……..SOON
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ron_66271

06/12/24 7:23 PM

#729518 RE: ron_66271 #728272

The Credit Default Swap’s Needs to Pay Up.

Lehman’s, WaMu, F&F, the CDS derivative insurance is all the same.
The CDS needs to cover their contracts for the ABS/MBS/RMBS.

One who understands the CDS’s;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174584167

Exchange Lehman’s for WMI/WMB, the concept is the same.


Many/most ABS/MBS/RMBS are LIBOR based.

Watch the docket;

https://www.docketbird.com/court-cases/In-re-Libor-Based-Financial-Instruments-Antitrust-Litigation/nysd-1:2011-md-02262


JPM was/is a major derivative writer insuring our ABS’s.

JD; No payment, no release. My 41.6 “Willful Misconduct” release in good faith is only consummated by payment in full.

That is why I responded to the fact that our release is only for JPM 2008 BOD. No future JPM executives.



Ron
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ron_66271

09/15/24 7:41 PM

#734231 RE: ron_66271 #728272

If JD Wants to be Treasury Secretary.

Then JD/JPM Must Settle WMB, for either future Presidential admission.

The 41.6 Release only Released the Then JPM BOD.

No future JPM CEO/executives are covered by the 41.6 release.
The release is not global.

Total “Willful Misconduct” exposure for the incoming CEO that didn’t commit the crime.



Good news.
Payment is coming.
They told us.
“WMB and it’s assets.”

You do the math/timing.



P.S.

I still have not received any response yet regarding my TPS question!!

Ron
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lodas

01/12/25 7:25 PM

#737361 RE: ron_66271 #728272

@ron...... there are some points in your post #728260 thats needs
clarification, or substantiation.... you received 19 thumbs up, and 4 positive feedbacks...
(1)..... you said existing management received releases, but not future executives.... in what way are future executives responsible for WAMU,s failure, and why should they be prosecuted for some past event ..
(2).... you stated that WMI won 307 billion dollars in a well documented DC duel action court case, but settled for 299 billion dollars in which the FDIC is holding.....can you supply the court docket that records this court action?.... WMI never made any reference to this sum of money either before, or after the chapter 11 ratification....also, you stated that the TPS was returned to WMI, along with 8 billion dollars....The official records state that the Exchange event happened whereby the holders of the TPS was denied in court their ownership of these securities, and lost them to JPM when the Receivership occurred....can you shed some light on your assertion that WMI owns the TPS?
(3) finally, you said class 22 owns the estate, when the official chapter 11 documents state that WMI/WMIH owned the estate BEFORE AND AFTER THE CHAPTER 11....do you countermand what WMI has stated is wrong, and that you are right?....I expect a response from you regarding these points I made, as you made an offer to discuss them with anyone on the message board...Lodas