I agree. “What really matters and that is where the center of the legal struggle is if the seizure was of a solvent bank or not, if it was fraudulent or not.” And did WAMU received “fair liquidation value” for its’ assets acquired by JPM?. Remember that a primary purpose of the Bankruptcy court is to insure equity/fairness and insure that WAMU receives “fair liquidation value” for its’ assets acquired by JPM.