NO need to pass any BATON as he already knew that plan and that WAMU WAS NOT OVER BY A LONG SHOT AND WILL BE TAKEN CARE OF IN TIME
I put my trust and faith in him since he sat the SEN SUB comm on banking and was an honorable man..........
It all really foes back to one very important FACT
If IF IFIN there was nothing left this would not be drug out for 18 yrs and it would have been over in 3-5 like most where no money was returned to shareholder
Just ask yourself where HOSENS pay check and A&M pay checks came from, did the money JUST FALL OUT OF THE SKY to pay all of these folks????????? NOPEY
Just like with UWBKQ it TOO was somehow joined at the HIP with JPMC and WMI all were in the same lawsuit together and I suspect both UWBKQ and WMI will be settled almost if not simultaneously along with F&F and possibly down the road LEH as well.
ALL IMHO now let's hope I am correct
I has been suggested here that close to 1 BILLION DOLLARS was spent in LEGAL FEES alone over the yrs 1 BILLION, does that sound like an estate that was penniless
Always goes back to the same statement I have made for years
COMMON SENSE AND LOGIC USE THEM THEY WORK
Banking act of 1934 (ITHINK) specifies it
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