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wamuvoodoo

02/14/10 8:37 AM

#150492 RE: David West #150491

david ,there is no chance in hell you can compare this bankruptsy to any other in american history...period.....both pre and post will be paid

Vulcanized Crawler

02/14/10 9:09 AM

#150494 RE: David West #150491

precedence will be set by this settlement...
never before has a private company been taken down by quasi government authority, while still solvent. the premature actions by the FDIC and implications of impropriety by JPM is a first. For those newbies here, you will need to read and research the whole story, avaialbe here in posts, going back to September of 2008. DD is key to understanding the impact and precedence that this envolves. There are no comparrisons.