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Re: None

Friday, 06/26/2009 12:33:12 PM

Friday, June 26, 2009 12:33:12 PM

Post# of 730116
If the lawyers prove that WAMU was not insolvent when they moved in, the sale to FDIC will be overturned. It will be likely that FDIC has to return the 1.8 billion to WAMU with a fair offer from JPM to settle the case. Its almost certainly in the cards.
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