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Re: Calgary2 post# 238101

Tuesday, 09/28/2010 12:09:09 PM

Tuesday, September 28, 2010 12:09:09 PM

Post# of 735239
Nope, FDIC can re-price the deal, it will have more than $6 billion. FDIC receiver still has upperhand over JPIG. Because, it the most laiblity $23 billion. The $23 billion is a guess, and would need to be paid by someone--- JPig --- or the assets will revertg back to FDic and into a trust which will then be liquidated (again)......

Consider what happens to uninsured depositor in an FDIC insured bank upon takeover, exactly the same....Bye Bye JPIG....

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