Quote

There is clearly a lot to be found in Loop Capital. We get heavily shilled any time it gets researched. Have we ever figured out where the initial capital came from?

Quote

The info that used to be there is gone and even the way back archive seems to have forgotten the wamu bankruptcy. However, given the FBI criminal investigation into wamu was quietly closed around 2011 with no findings. As the CFPB originated shortly after the financial meltdown along with Dodd Frank, ai would hypothesize the starting funds came from the Bankruptcy of the Holding co, or from the whole bank and of the subsidiaries sold to JP Morgan via the FDIC bid which was shown to be in the tank for JPM even before the bid went out. How else does a company file for BK when it has 32B in assets and 8B in liabilities? FBI findings of no criminality, come on, this is the same FBI knee deep in the "dossier" go around.