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marayatano

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marayatano

Re: norkel post# 7

Saturday, 08/15/2009 4:33:38 PM

Saturday, August 15, 2009 4:33:38 PM

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Norkel: Answer to your question.
CIT-A, anything is possible. Everything points to having CIT do something soon, especially after their new agreement with the Fed Reserve New York.

As for WAMUQ, good chance of recovery there because FDIC prematurely seized Wamu. WAMUQ has been winning the motions against the FDIC and JP Morgan. JP Morgan is running out of tactic of stalling. THere are quite a few lawyer and a judge following the Wamu Case who posts on the board.


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