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ilenes

06/29/11 10:49 PM

#315630 RE: never-again #315628

you know, the comment seemed to get lost in everything else today that we're talking about...and even when I heard it, I was concentrating more on the implied number of term sheets referenced...but in a side conversation this evening, this came up and I wanted to bring it out to the board's attention again!
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Mik3k

06/30/11 12:43 AM

#315657 RE: never-again #315628

What about the taxes that JPM couldn't have any claim to if it wasn't gifted in the GSA through a back door because of being a TARP recipient. What about the BOLI/COLI. What about the assets that have been sold off and/or combined with WM Citation. What about WMMRC. What about the interest per Aurelius on the $4 billion that JPM should owe.

Give WMI all of the above, pay off creditors (minus IT consequences), declare war on JPM, FDIC, and everyone involved in negotiating in bad faith the GSA and payment for the releases they want so desperately.

Then we buy Facebook with cash.

EDIT - Forgot to stick the NOLs up there also.