Washington Mutual Preferred fka WAMPQ

[Lebosco]

Oh you sure can Strike...LOl

As far as your previous comment about FDIC being on the hook, I think you are sooo correct, which may explain in part why JPM was so quiet...because in thier eyes they did nothing wrong except pay below fair value. But hell is someone offered me a Lexus LFA for 20,000 you damn right I'd jump on it in a heartbeat. LOL

However, the FDIC may have a chance to get them to pony up if they know and have proof to threaten to turn over that they help conspire...but then would the FDIC expose themselves to bring the FDIC down too. I know if I was JPM and this were true I would call their bluff and see if they would incriminate themselves to bring me down...this is why I think the FDIC lawyers were so vocal...its all starting to make sense, now!

Call me crazy, but I somehow think the OTS is the wild card in all of this they have nothing to lose, revenge is sweet and karma's a B!+ch!!!