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goldcanyon341

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goldcanyon341

Re: None

Thursday, 06/02/2011 11:00:39 AM

Thursday, June 02, 2011 11:00:39 AM

Post# of 42851
No announcement of a GSA extension......Good!

The longer this drags out, the more likely the GSA is in play. What are they negotiating? Take a look at pages 19 and 20.

File complements of Sidedraft.
http://www.sidedraught.com/stocks/WashingtonMutual/Equity%20Committee/POR/WaMu_Closing_Equity_Committe.pdf

Just as with the depositions, there was no news and delays while SG negotiated a rather complicated agreement with the SNHs. Now I believe,they are using that leverage against JPM and the FDIC behind the scenes to amend the GSA. JPM retains $12.36 billion in disputed assets. The FDIC has said it is not about the money. We shall see.

The value of the "EC Releases" remain very high at this point. One only has to look at the Goldman Sachs subpoenas this morning to see what could happen here.
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