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Re: TQS post# 147664

Friday, 02/05/2010 12:51:32 PM

Friday, February 05, 2010 12:51:32 PM

Post# of 730542
I've said that I think the FDIC is really holding up the settlement at this point. The FDIC is trying to push a bunch of things out into March - including the oral argument on its motion to modify the stay. If SJ is ruled on now, it would indicate that the FDIC wrongfully conveyed assets that belonged to WMI - and such an indication would result in liability to the FDIC.

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