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boarddork

05/09/24 4:09 PM

#727553 RE: xoom #727547

Term sheets (think GSA) could've preserved first right of refusal purchase rights by JPM after any TARP statute of limitation expired..if BBob statement is even actually true. Could explain why this has taken so friggin long. In other words, both statement could be right. A person could say it was prohibited, and could also say JPM bought lock.stock.barrel...because they haven't closed the transaction yet. Like buying a house under contract (the GSA), where an escrow account is then opened with a closing date, the closing date gets extended multiple times - however both buyer and seller agreed to grant multiple extensions to closing date as needed (thx to coffee committee, the fdic receiver and corp, etc.)