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Re: tweaktheflange post# 8174

Sunday, 01/16/2011 12:47:22 PM

Sunday, January 16, 2011 12:47:22 PM

Post# of 15495
Tweak,

Thanks for the full posting.

It's interesting that the FDIC is fighting jurisdiction in this case. Am I correct in thinking that, in the case of WAMUQ, the FDIC has no issues dealing with the tax refunds within the context of BK?

If so, then I wonder why the FDIC is willing to work within the context of a BK court in one case (i.e. WAMU) and yet fight a similar proceeding in CORSQ?

Seems like more of a stall tactic than anything else... could they just be playing hardball for a favorable settlement?

Jared

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