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maekuz

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maekuz

Re: XOM post# 188145

Wednesday, 04/14/2010 7:54:21 AM

Wednesday, April 14, 2010 7:54:21 AM

Post# of 732098

The bank also set aside another $2.3 billion in addition litigation reserves amid fierce legal battles over faulty mortgages and a pitched battle with Washington Mutual bondholders over the company’s remnants.



This means JPMC is feeling the heat from the Delaware court, finally.

Great news, imho.

"You should have settled with WMI in spring 2009 and you should do it now. Things could get a lot more difficult for you."

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