News Focus
News Focus
Followers 5
Posts 537
Boards Moderated 0
Alias Born 05/26/2010

Re: linda1 post# 5860

Friday, 01/06/2012 2:04:27 PM

Friday, January 06, 2012 2:04:27 PM

Post# of 8307
NOT A LAWYER just my opinions.
The real issue is whether the FDIC had a right to assign the LTWs. It did not own them and neither did WAMU. By turning them over to JPM in a flippant "by the way" manner, and, having so proclaimed in the Global Settlement Agreement (GSA), it became "written in stone". I do not agree.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today