Eric Brinkmann: Remember folks, Turnover action has already completed in 2016. JPM returned the MBS Trusts to FDIC already:
You can see that on JPM's 10K of 2016 compared to 2015 (see picture). All we are waiting for is to finish Probate court, which will also settle 4 other cases in Supreme Court. Probate court will finish in 10 days. From there on out, you can count on it that Employee claims will be settled and LT will pay out the last PIERS. These two things are an excuse to stretch the timelines while we wait until the Probate court proceedings finalizes. My spidey senses tells me that escrows will be paid end of October/start of November. Could be sooner... Will be very interesting to follow the chain of events that will happen after Sep 5th. Strap in for the ride folks!
81 billion cash in repaid loans, 20+ billion cash in liquidated loans (50 billion with 59% loss severity) and 33 billion in UNliquidated MBS's (handled by WMIH soon?).
FDIC R has 17.5 billion in other obligations (including DB, costs, bondholders/other creditors). So 82.5 billion could come our way
Regarding employee claims there is nothing to Worry. The LT setup a separate account just to litigate until the very end...it will not affect us.
Die Zahlen gefallen mir .. und der Nachweis ist als Bild im entsprechenden FB-Eintrag zu sehen
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