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Re: dragon52 post# 235959

Thursday, 09/09/2010 10:24:56 PM

Thursday, September 09, 2010 10:24:56 PM

Post# of 749756
Oh, I believe his investigation covers the matters dealing with JPM having insider knowledge of WAMU's books and breaking their NDA agreement by sharing that info with other members of the banking community as well as talking to the FDIC before it all went down. That's your fraudulent conveyance right there. The slanted bidding process, the planning to commit the crime (conspiracy), and JPM breaking the NDA they had with WaMu on that sensitive information is all of that. What else do you need?

I don't think Mr. Hochberg is going to say "fraudulent conveyance" out in the open...that would put the FDIC even more on the defensive than they already are. He's trying to be an impartial mediator to the process, that way these various groups will feel more at ease to share documents with him and talk to him openly.

If the questions aren't answered then the investigation is not final. I doubt Mr. Hochberg will just shrug his shoulders and walk away if he doesn't get his questions answered.

Your questions and his questions appear to be the same to my eyes. But hey, maybe there will be a civil suit to solve all of this...time will tell.



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