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Shomidamoni

01/17/09 7:01 PM

#52778 RE: Chiron #52777

Whew! Thanks, I finally kept up with the posts and saw that.
Back on track.

sidedraft

01/17/09 7:17 PM

#52780 RE: Chiron #52777

She seems to be hinging her position now, on the the fact that WM was never given a notice of undercapitalization, as is required by the statute(12 USC 1828(u)).

WaS

01/17/09 10:58 PM

#52794 RE: Chiron #52777

Bopfan says yes, it's yes. Bopfan says no, it's no. Bopfan says yes again... so it's yes?

Come on people...

If it happens, sweet... but don't bank on Bopfan. Misunderstanding one line of regulation caused a retraction and an alternative "verification" via Bop that it's still all good.

We've not even see that they are or have threatened to sue under FC. Now we panic when Bopfan says no and then sigh when he/she says it's still all good.

Cash, NOLS, Buyout... FC is a pipedream until otherwise specified by people involved in this case and not those with BK experience, yet NO KNOWLEDGE OF HOW THE FDIC FUNCTIONS! It's NOT THE SAME THING!

"She (Bopfan) retracted that statement about not being able to sue for FC. It's all good"