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Re: WaWaW post# 181754

Monday, 03/29/2010 9:28:24 AM

Monday, March 29, 2010 9:28:24 AM

Post# of 735775
"Backed away" sounds like rejection to me.

FDIC hasn't rejected anything. They just have not agreed to anything either. Please don't spread false info around here ladies and gents.



The Federal Deposit Insurance Corp. backed away from its support for a $1.4 billion tax break benefiting J.P. Morgan Chase & Co., setting up a battle between the regulator and the nation's second-largest bank.

http://online.wsj.com/article/SB10001424052702304434404575150150787973606.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

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