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Re: Lawrence 147 post# 61991

Tuesday, 03/31/2009 3:39:18 PM

Tuesday, March 31, 2009 3:39:18 PM

Post# of 729291
I see that logic too, Lawrence. If I were Dimon and I wanted to make the largest net profit on this seizure and purchase I would spend as little as possible defending myself. After all, I can't loose, in respect to net dollars. No matter what happens JPM has already realized significant gain in both marketing and deposits through the 2000 or so new branches in play. JPM will be defended to a point by the FDIC even though they appear as adversaries because the FDIC will have to support it's decision to sell to JPM and so JPM can just sit there and let the chips fall as they may. imho



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