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hotmeat

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hotmeat

Re: bluebird50 post# 120439

Sunday, 11/15/2009 7:20:26 AM

Sunday, November 15, 2009 7:20:26 AM

Post# of 732191
Most of that $100 Billion i believe is WMB bond debt that JPM "decided" they werent going to be responsible for when they bought the bank.
Is this absolute refusal to absorb the debts of the acquired bank legal or is there precedent where it was done previously by the FDIC???
TIA
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