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sf

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Alias Born 07/25/2008

sf

Re: islandcat post# 160485

Friday, 03/05/2010 6:42:40 PM

Friday, March 05, 2010 6:42:40 PM

Post# of 735117
they have no choice. the ball is in wmi's court. wmi filed bk to stop fdic. jpm stole assets they had no place taking. title was never transferred of any asset. the 4.4 bil was a trap for fdic and jpm to fall into. the plan worked brilliantly! jpm wanted a controlled takedown with no competition. they couldnt afford wamu. they were overleveraged and out of cash. they stole the cash and assets to prop themselves up. the fdic will have to return what is rightfully wmi's. wmi has to agree to sell their bank for the right price not what jpm feels they want to pay. fdic is nothing more than a thug arm of the treasury so the treasury keeps more of their money for themselves. (bair worked for treasury before going to fdic.) they send out the dogs to do the dirty work so the fed reserve bank jpm is stabilized without draining them. jpm will pay, fdic will pay and wmi will return to banking once again. providian is returning to its rightful owner and all wmi's shareholders say amen! and thank you judge walrath! and i also believe wmi will be back in business once settlement and bk reorganization is done. why go thru the hassle of getting a new ticker? this is going to be very hard to explain away to the american public when wmi returns. i dont think a confidentiality agreement is going to help keep this situation under wraps very long.
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