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David Tepper quotes:

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Quarterly Report (10-q) Edgar (US Regulatory) - 7/30/2020 7:47:09 AM
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Nightdaytrader   Saturday, 10/05/19 05:30:45 PM
Re: None
Post # of 639878 
David Tepper quotes:

[On Washington Mutual after it had filed for bankruptcy in September 2008] We had been following WaMu [Washington Mutual] very closely. We knew there was still about $4 billion in cash from TPG sitting at the holding company – and it wasn’t going down to the bank. We also knew there would be a potential tax refund. We knew we would be rewarded if we’d just be patient.
David Tepper

After the bankruptcy filing, we became the largest creditor of WaMu – we understood the capital structure and the details of the corporate structure, so we knew there were assets for a recovery… It was a really long and incredibly painful bankruptcy process.
David Tepper

http://www.quoteswise.com/david-tepper-quotes-2.html

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