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08/31/15 10:41 AM

#434013 RE: tcr7309 #433998

Here is why we wait for the DB decision....Collyer found the FDIC liable....

Should the Receiver be found liable on any of JPMC's indemnity claims, under the P&A, those claims will be satisfied as administrative expenses and thus before the claims of general unsecured creditors



https://www.fdic.gov/bank/individual/failed/wamu_settlement.html