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Docsavag

09/14/09 5:21 PM

#94769 RE: Ace45 #94766

Why did they ask the FDIC for the $500M indemnification if they didn't feel there would be pressure brought to bear? They just missed it by two zeros at the end.

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dmceng

09/14/09 8:30 PM

#94798 RE: Ace45 #94766

Ace45

The $8 offer was some type of a ploy. JPMC knew it would not be entertained.

Take Care
David