" individuals or entities whose acts or omissions have, or may have, contributed to the failure of an insured depository institution cannot buy the assets of that failed insured depository institution from the FDIC."
Any idea if this is void if the Perp has been 'Released'?
I still don’t believe jpm can buy wamu. Just look at the post that I am replying to and read the rule that was put in place, basically meaning that if a company like Jpm was in anyway responsible for taking down wamu, they then can’t buy wamu..