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JMac9

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JMac9

Re: hestheman post# 26993

Wednesday, 10/13/2010 10:30:21 AM

Wednesday, October 13, 2010 10:30:21 AM

Post# of 42851
I would love to see it play out like that. P's paid out in bk full face, some for uq's, then SS representing commons for much, much more in time. This seems to be a very good reason for JPM and the FDIC to offer a substantial settlement to all classes now. Why risk more? Don't know if they could secure indemnity at this point, but why not negotiate for it? Maybe the vice needs to be tightened a bit more so there is more motivation to pay up.
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