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Saturday, January 30, 2010 2:20:44 PM
Underscoring the breadth of the Senate investigation is the disclosure by federal banking regulators in a recent filing in the WaMu bankruptcy case.
In it, the Federal Deposit Insurance Corp. revealed that the Senate subcommittee had served the agency with "a comprehensive subpoena" for documents relating to WaMu, whose primary regulator was the Office of Thrift Supervision .
The subcommittee's jurisdiction is "wide-ranging," the FDIC's lawyers wrote. "It covers, among other things, the study or investigation of the compliance or noncompliance of corporations, companies, or individual or other entities with the rules, regulations and laws governing the various governmental agencies and their relationships with the public." The subpoena, they said, "is correspondingly broad."
The Puget Sound Business Journal first reported on the FDIC's disclosure.
This could be why THJMW denied the Motion for new Discovery ( it was too broad) but would not sign the order YET!
~Fish~
Please do not invest in this stock because of what I say, you must do your own DD and make decisions based on your knowledge, NOT MINE!
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