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Friday, October 13, 2023 9:36:52 AM
He advised this type of distribution will just appear one day as if it came out of thin air hence the nickname of MAGIC MONEY.
I expect within six months Libor will be settled and Tranche Five in the former WaMu bk where the 15B sits waiting to be paid by JPM then at the same time or thereabouts Tranche Six will be advised of forthcoming distributions of MAGIC MONEY
..,
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