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warcton

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warcton

Re: uzualsuzpect post# 202563

Monday, 05/24/2010 5:52:23 PM

Monday, May 24, 2010 5:52:23 PM

Post# of 735930
<It is nice to see something.>

Something?

That something would be the vapor of the settlement.

"Rosen said the deal, which could result in the dismissal of three lawsuits pitting WaMu, JPMorgan and the FDIC against one another, also is contingent on the resolution of claims from holders of billions of dollars of bonds issued by Washington Mutual Bank, or WMB. Without the bondholders' approval, or the disallowance of their claims in their entirety, the settlement could turn to "vapor," Rosen said outside court."
http://finance.yahoo.com/news/WaMu-reaches-settlement-with-apf-857239443.html?x=0&.v=5
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