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Re: VivaLasVegas post# 76022

Wednesday, 06/10/2009 2:38:28 PM

Wednesday, June 10, 2009 2:38:28 PM

Post# of 729061
I think JPM is positioning itself to keep WMB. All WMB accounts will be fully converted in July and JPM has already gone through extraordinary means in converting most, if not all, branches from WMB to Chase. Moreover, as the article I posted states -- JPM is already exercising control over WMB accounts and subsequent terms.

Based on that, I would think its safe to assume JPM is confident that some kind of settlement will be reached in the forseeable future. Although I feel very sorry for WMB accountholders, I hope we see resolution in the form of an advantageous (for WMI, of course) settlement by the end of the month.

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