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Gmenfan

07/21/10 9:54 AM

#224341 RE: longhaulq #224338

And then the can of worms is opened!!!

Turning on JPM doesnt help, then they turn around and screw the FDIC right back.

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MrRed

07/21/10 9:58 AM

#224347 RE: longhaulq #224338

But if FDIC decides to come clean on everything and has proof that JPM lead them in the wrong direction, that WAMU was bound to fail. I think they still have to pay but possibly a smaller amount than taking the whole settlement on themselves. They share in the pain with JPM that way. AIMO