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WaS

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WaS

Re: None

Sunday, 04/05/2009 10:53:45 PM

Sunday, April 05, 2009 10:53:45 PM

Post# of 735321
OK Gang, so what's the rub here?

The sale will be made without representation or warranty, express or implied regarding title, possession, encumbrances or condition of the Property on April 10, 2009.

http://www.chinookobserver.info/main.asp?SectionID=38&SubSectionID=196&ArticleID=27860&TM=76189.04

Is JPM looking for an injunction? Are they going to sell property they don't own so Weil can say... wait a sec, if this one property was worth _____ what were 2239 properties worth?

This smells of a rat, especially since they're saying they aren't guaranteeing a title for the property. Is this a move to further throw the FDIC under the bus?

I just don't feel like they think they can sell off the properties they couldn't get titles for without something specific coming of it.

So what exactly are they up to?

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