Let's be really honest here...if the FDIC has stepped in this just became political and if it risks JPM and all, seeing as though they are not in a good position financially as it is the FDIC will do anything to stop WAMU from getting this money.
What makes any of you think that if they could sell a bank with assets of well over $52B for $1.9B that they can't influence this court into finding for JPM. Do you think this judge wants to make a career ending move by hurting JPM. If the FDIC can convince her of this (illegally of course which is how this entire joke has been thus far)this is all over.
We shall see, but I'm guessing higher powers are going to force her hand here. This is a CAREER decision for the judge and I suspect she likes her job.