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Post# of 734890
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David West

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David West

Re: jpm_sux post# 186078

Wednesday, 04/07/2010 8:38:34 PM

Wednesday, April 07, 2010 8:38:34 PM

Post# of 734890
jpm_sux –

Good call. The fastest way for the WMB bondholders to assault WMI is to prove pre-seizure fraud or Fraudulent Conveyance for moving large sums of money to safer places in anticipation of bankruptcy. The problem with filing Fraudulent Conveyance is that if it actually happened, it is likely that the UST would have already filed that charge against WMI because it is their duty to do so. The most logical choice for the WMB bondholder assault is against FDIC and JPM. This will be the real court case that this board has been talking about for 18+ months. IMO EOM


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