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Post# of 729609
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David West

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David West

Re: up and up post# 184715

Sunday, 04/04/2010 2:50:04 PM

Sunday, April 04, 2010 2:50:04 PM

Post# of 729609
What is really left of the holding company?

That is exactly what we are waiting for Solomon's team to tell us.

Even the OTS would never appoint the FDIC as receiver to WMI. It is blatantly illegal for FDIC to seize a holding company, and if they had seized any part of our former company that could be legally titled 'holding company', even our thick-headed Board of Directors would have filed charges by now (but not in a BK court).

The OTS appointed FDIC as the receiver of WMB, which was subsequently seized and sold to JPM on that fateful Thursday.



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