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sf

Re: fsshon post# 241487

Thursday, 10/14/2010 11:23:53 PM

Thursday, October 14, 2010 11:23:53 PM

Post# of 730576
don, i always thought too that they were waiting on a certain "event" or "date" to settle this thing. the event just happened with the foreclosures. the mbs sold are now in limbo and so are the foreclosures and possible lawsuits until the "clerical errors" can be figured out. that could take up to 3 years! how appropriate! 3 years to hold capital in limbo to offset the payoff to wmi. this was no clerical error this was also an orchestrated crisis by the fed to tie up monies in mbs, real estate valuation or devaluation, and very real lawsuits that jpm has known were in the works because of the steps they took to throw people out of their homes prematurely. and lets not forget a smokescreen to hide the payout coming for the previous crisis they caused with the takedown of wamu and lehman. and how wonderful for jd that he will squeek in on the treasury throne and have no controversies to defend....because they're all tied up in court under gag order!
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