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Post# of 729577
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NY Kev

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NY Kev

Re: SCook20 post# 165527

Tuesday, 03/09/2010 6:01:56 PM

Tuesday, March 09, 2010 6:01:56 PM

Post# of 729577
This while an event is not where our investment lies we are more interested in the case in Delaware in which the 4 Billion dollar deposit which Washington Mutual Inc. had on deposit with Washington Mutual Bank which JPM or the FDIC has yet to return to them. This is what we are most interested in, once that is settled then we expect to see a settlement between the FDIC and JPM for undermining Washington Mutual s Operations in order to secure WAMU s assests at a firesale price for JPM

all my opinion based on DD.

Kevin
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