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Re: dmceng post# 266351

Monday, 12/27/2010 12:50:17 PM

Monday, December 27, 2010 12:50:17 PM

Post# of 749756
I've made several posts around the same theme. The GSA will be extended. I just can't fathom any rational reason for the 'powers that be' to just let the GSA/POR disintegrate due to the automatic provisions of the 7.3

That said, whether or not the FDIC "wants" it extended, I think the language (of the 7.3 not requiring the FDIC to re-approve the GSA for an extension) is that it doesn't matter what they think. But, I believe that what the FDIC wants is releases. And the GSA/POR, provide for those. So that is the horse they rode in on, and the one they will stay in the saddle with, for now.

...Catz


.... Please, just call me Catz ;) - - - - - {and the requisite, all IMHO, do your own due diligence, and make your own investments}

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