I doubt that JPM and the FDIC would ever settle. That would mean admitting guilt. No, I think that they will fight to the bloody end and the Judge will need to make a decision. If it is in our favor we get a 'slice', and if it isn't, well we get nothing.
imho I'm not sure...I'm comparing it to the Bear stearns DEAL..JPM is scum.....BUT then again WAMU'S great team might not allow that to play out....we'll know right off the bat if there's a second or third offer...they offer $3 to $5 bucks I'm NOT selling for a few days..I'll wait the week out to see whats up....an OFFER is a OFFER so waiting a couple days ain't gona bother me..
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