In general I believe that all of the interested paties that were part of the seizure ha d no clue as to the legal ramifications of their deeds and really could care less. They were on a mission to steal at any cost and damned the torpedoes. This was planned for a long time before the 25th of September 2008,imho. And on top of everything else they are also incompetent buffoons! What a cluster F.
MORDICAI THE ONLY THING THAT SCARES ME IS THAT THOES IN POWER WHANT TO ABOLISH THE CONSTITUTIONAND SOCIALIZE AMERICA. BUT THE JUDGE WILL PREVAIL.GO WAMUQ !!!!!!!!!
Have you any idea how many lawsuits JPM is dealing with right now? They either know the law and don't care about it or don't even care to know it at all because the penalties are always manageable.
In this case the FDIC is on the hook for a lot of the pain, so I tend to believe they know they law... and they know how to manipulate it to their will to get what they want and make the pain manageable.
The longer they can drag this out, the more manageable it is. They'll be repaying us with our own money and own the banks and assets forever.
Without a criminal investigation (which I don't believe will ever under any circumstance occur) JPM had nothing to lose.
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