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drrugby

09/15/09 6:17 PM

#95118 RE: drrugby #95114

JPM Sales 1.5b$ of senior notes.

Sales of notes settle on 9/18/2009

http://www.reuters.com/article/marketsNews/idUSN1556984920090915?rpc=77

So, my question: Will JPM use this money to settle TARP warrants by 30 Sept 2009?

Which then would allow for a Settlement between JPM and WAMU on or before 21 Sept 2009?

Thoughts?

DrR...