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Re: popcorn202 post# 229841

Sunday, 08/15/2010 5:18:51 PM

Sunday, August 15, 2010 5:18:51 PM

Post# of 738222
@popcorn202. Got it. As I had previously stated, I am not too familiarized with the situation as most of you. However, I am evaluating it from the government / FDIC perspective and the implications a positive ruling could have in the economy and current financial chaos. I am not putting up for debate the obvious deal of a lifetime orchestrated by JP Morgan and having the FDIC as a co-conspirator. What I am suggesting is the hypothesis that what if the government is so corrupt that may do whatever it takes to stand behind the FDIC's decision. Remember that admision of guilt would implicate everything they did was wrong in retroactive. It could be an argument to be had by many other banks that would line up to the same parade. The short of this is can we trust the government and the fdic to play a fair game in this legal quarrel?
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