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Re: DudeBug post# 184429

Friday, 04/02/2010 6:50:05 PM

Friday, April 02, 2010 6:50:05 PM

Post# of 729856
Dudebug -

If Solomon's valuation should be filed and include assets that now belong to JPM as you say, and are allowed to stand by the court, remind me and at that time I will retract my assessment and state that I was wrong. In addition, I will shout with glee!

We have to keep in mind that JPM and FDIC are not on trial in the Delaware court. The Delaware court is about the reorganization of WMI, using its current assets. The only reason that JPM and FDIC are involved is to address those variable areas of assets simultaneously claimed by WMI, JPM and FDIC. The DC court is hearing the case of WMI versus FDIC where WMI is charging that the FDIC are the bad guys and sold WMB to JPM for less than it should have. EOM
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