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rramirez82

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rramirez82

Re: climberprof post# 144876

Monday, 02/01/2010 2:08:38 PM

Monday, February 01, 2010 2:08:38 PM

Post# of 730698
Fair enough, but you're assuming JPM was in fine shape when it acquired WaMu. I don't know if JPM would be willing to part with the leverage associated with $4B in cash when it can finance the settlement via other means. In this market, cash is king.

MAKINGMOVES

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