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Evintos

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Evintos

Re: goodietime post# 438935

Monday, 10/19/2015 3:10:25 PM

Monday, October 19, 2015 3:10:25 PM

Post# of 730174

WHY would/does the FDIC want this dragged out?
Do they actually benefit somehow? Or, are they just to embarrassed at what the final outcome will be.



The answer to this is obvious. FDIC has around $2.7 billion to cover nearly $10 billion in claims. If FDIC wins on appeal, JPMC would be held liable for Deutsche Bank claims.
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