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Monday, 03/08/2010 5:07:28 PM

Monday, March 08, 2010 5:07:28 PM

Post# of 749756
Anyone notice when the streets latest article came out, it stated that Wamu asked for the weeks extension, not JPM/FDIC!

So our buddy WAS, (Wamuqed on Y) nailed freed with a comment at the bottom of the story :

"Come on Starke, you're not stupid. JPM and the FDIC asked WMI for another week for negotiations. We all heard the court audio and there's nothing to support your "Wamu asked the court for an extra week" comment.

I'm quite certain you know what was meant by "global agreement" as well. The Judge was prepared to rule in Wamu's favor back in January and the FDIC phoned in to ask for a delay then as well.

Wamu isn't afraid to take their money back. The FDIC is afraid by having a court rule they were trying to STEAL Wamu's deposit that it will call ALL of their actions into question... which is EXACTLY what needs to happen.

Wake up people. TheSteet.com is not giving you the scoop. They're not giving you the truth. And to be blunt, they're playing you.
By WaMuQd on 3/8/10 2:37 PM"

- Then a few minutes later this appears above the article :

"Updated to clarify fifth paragraph to make clear that JPMorgan and the FDIC asked for an extra week to sort out the dispute."

LOL, these guys are ridicuous. Thanks WAS
http://www.thestreet.com/story/10697718/1/wamu-stock-highest-since-failure.html?cm_ven=GOOGLEN

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