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Re: dannoninvest post# 160919

Saturday, 03/06/2010 12:31:00 PM

Saturday, March 06, 2010 12:31:00 PM

Post# of 749756
Depending on the method they use to value the company 3X would still be nothing. The P&A could be voided and the FDIC/ JPM could be forced to replace everything. Note I did not say return, I said replace. Considering the company value was calculated at 52 billion, should this go to court 3X’s would take it to 156 billion that would in all likelihood never happen but 2X’s could and that would be 104 billion and that would be in line with other such types of judgements. JPM and the FDIC should easily save 52 billion by settling for 52 billion, I would expect the EC to hold out for the additional 26 billion and settle for 78 billion. After all we do need to be reasonable and not destroy JPM or the FDIC but keep them and the value of the dollar in tact. Yes they do need to be punished to see that this never happens again and yes those involved do need to have criminal charges brought against them but that is a discussion for after we settle.

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