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Re: climberprof post# 78321

Wednesday, 06/24/2009 2:44:25 PM

Wednesday, June 24, 2009 2:44:25 PM

Post# of 730850
If JPM doesn't appeal it has to obey the bankruptcy judge's order/instructions to turnover the money to the registry of the court or the holding company. The fact that the fdic appeals doesn't excuse JPM from following the order, and if JPM appeals the holding company can probably make them post a 4 billion bond to proceed with the appeal. But who cares about an appeal....JPM STIPULATED that the 4 billion was the holding company's. Frivolous appeal imho.
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