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Re: fsshon post# 78713

Thursday, 06/25/2009 12:40:12 PM

Thursday, June 25, 2009 12:40:12 PM

Post# of 729701
Wow, such good information in your post. About TPG: I was thinking along the same lines - since they owned *convertible* bonds - they got converted to common shares, and like you said, NO WAY will they lose here! Like, when hell freezes over!!! The Texas lawsuit is very very dangerous for JPM - essentially, their goose is strung up and cooked!!! Poor JPM, their demons have come back to haunt them. You canNOT have your cake and eat it too. You canNOT buy a 32 billion dollar bank for 1.9 billion. Wow, they must be feeling really low right now, even the FDIC is back-peddling far away from them. And I think the judge can sense this. I feel as though she is *using honey with the FDIC, but using vinegar with JPM* - that tells me she is picking and choosing her battles carefully. Poor JPM, they are being betrayed (in a way) by the FDIC and now they will FRY!!! Oh, I can't even look!!!!! ewww.
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