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ScottC

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ScottC

Re: loginusername post# 1737

Monday, 05/10/2010 9:06:40 PM

Monday, May 10, 2010 9:06:40 PM

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If the plan of reorg is confirmed in its current form, I believe the FDIC is agreeeing to repudiate the warrant agreement. My interpretation (and I am not a lawyer) is that this would supercede the fact that JPM agreed to assume all QFCs and our recourse would be with the FDIC, not JPM.
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