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writonwater

06/24/09 3:19 PM

#78350 RE: mordicai #78331

As a matter of legal strategy, doesn't it make sense that the fdic/jpm legal team would have waited for the judge to rule on the 4 billion prior to a final settlement offer with WAMU?

This is a watershed moment for us longs if that was a lynchpin to settlement. imho....Sam