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SlyOne

04/23/10 10:00 AM

#192073 RE: uzualsuzpect #192069

This morning I read on this board that BOA also bid.
But, until we see the bids from healthy TD and HSBC is all BS.

FDIC playing Favorites with US banks, while strong intl players are not allowed to fairly bid.

We have big news coming from PSI on FDIC that should be good.
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steel58

04/23/10 10:41 AM

#192090 RE: uzualsuzpect #192069

Uzual -- From this article it sounds like there is a possibility that FDIC can get off here as acting properly. Do you have an opinion or any documentation as to how the FDIC shouldn't have just said, let's go back to the $8/share offer insteaad of the 1.9 billion? One would think that $8 would be a starting point, instead of just a give away. Something just still sounds like collusion here, though I think it is becoming harder to prove "legally"