You obviously don't read the news as that isn't going to happen either. The White House announced yesterday that the TARP receivers are now going to have to take pay cuts. And YES JPM is not financially stable and the FDIC is going to do everything in their power to make sure they don't get any blows that could further destabilize them. This is coming from someone much higher up that the FDIC...most likely the Senate.
Trust me since I'm averaged down from pre-seizure to .31 I'd love to be wrong, but watch and see this judge wants to keep her job and the media and U.S. government want JPM to win because this opens up a whole new can of worms if they don't.
I just listened on angelfire and the judge did not say hardly anything only she would take it all under advisement..Is she an elected judge or appointed one..She seems to be between a rock and a hard spot..Knowing that JPM is in the wrong and the pressure she is getting from the government. If she sides with JP in this matter it is clear to me that our justice system is completly corrupt.
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