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Thursday, 05/01/2014 2:18:32 PM

Thursday, May 01, 2014 2:18:32 PM

Post# of 729970
Any news on the progress of Sussman's depositions? Who are being deposed anyway? If he is deposing people from the hedgefunds involved in possibly causing that massive "artificial" bank run in 2008 that caused the seizure of WAMU then maybe our escrow shares have a chance of having substantial value. Mike Stathis made a valid accusation in 2008 or 2009 that that fateful bank run was planned, but he could not get the list of those who either shorted the stock or did massive withdrawals. Does anyone have the list? Or is this what Sussman is trying to find out through the depositions he has started? If it turns out that the entities that caused the bank run have done so in partnership with JPM then that would be a fraudulent move which would then make the seizure of Washington Mutual illegal. I know we can not bring WAMU back, but the valuation of WAMU should be reset back to preseizure if fraudulent conveyance is proven. AIMHO.
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