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Re: lockednready post# 4130

Tuesday, 02/21/2012 11:21:36 AM

Tuesday, February 21, 2012 11:21:36 AM

Post# of 59627
I waited patiently only to be burned by Washington Mutual suit with FDIC. Seems these government agencies can determine the pace of the judicial process...only to eventually win out over the banks. Judges also hate to issue rulings that alter the course of nature with regard to regulatory powers

Besides, I always wondered...how can the complainant's side or the court determine that the documents turned over by the government have or haven't been edited? It's seems OTS/FDIC holds
all the cards with regard to producing a smoking gun against them.

One thing for sure, FDIC and other agencies never settle quickly, if at all. And they usually don't lose. This can drag out for at least another year.

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