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Monday, 05/03/2010 12:36:42 PM

Monday, May 03, 2010 12:36:42 PM

Post# of 729541
What I don't understand is how the h_ll can JPM and FDIC ever allow an examiner to dig into their books - think of all the bones to be found there!! That'd be suicide. They are outta their minds to drag this out.

They must settle this before Wednesday. They are either corporate sociopaths or....corporate sociopaths. Their tactic is obviously delay, scare, and gobble up shares under the table. Is their some way they can still settle after a examiner is appointed without getting gutted by the examiner? Hardcore redaction, non-dixclosures, etc? But at what point is it too late especially when the examiner quickly finds massive criminal activity? Especially when the 'law is the law'.

This just boggles my mind. We knew JPM was pretty much bankrupt without WAMU to begin with. Why are they not settling? Have they been cooking their books like Lehman, and wven with WAMU money and assets, maybe they're really f__in broke. WAMUQ is worth billions, but I hope their the money is really there for us. Not bashing but, I guess I'm not evil,crazy and irrational enough to understand sociopathic business strategy.
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