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Post# of 749756
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The Godfather

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The Godfather

Re: DudeBug post# 131728

Thursday, 12/31/2009 3:04:24 PM

Thursday, December 31, 2009 3:04:24 PM

Post# of 749756
DudeBug.. The "fire-sale" money has not gone into WMIs account yet. The FDIC is still holding it and that would come into everyones attention once the DC court starts up with full steam after Walrath has sorted out the assets. The fradulant transfer claim is for 13 Billion and if FDIC is found guilty (Sheila Bair conspiring with Dimon and leaking info and undermining the bidding process) it could be 3X damages and that would be $39 Billion directly going towards shareholders equity. This might take a while and may not happen if JPM settles with WMI but if this ever happens... how I wish.. :)

Anything that I post related to stocks is my own opinion and should not be considered an offer that you cannot refuse. But if you do refuse, my consigliere will be there to see you!!

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