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Yanik

07/21/10 11:33 PM

#224724 RE: rramirez82 #224718

I dont know if you have been following the media recently, but the relationship between Jamie the Demon Dimond and Obama soured a couple of months ago. They dont state the reason, but claim it had to do with conflicts over FIN REG. In fact I think there were a couple of news articles that talked about how Dimon was not invited to the Whitehouse over the FIN REG bill, but other big wigs like Pandit were invited.

Maybe Dimon & Bair are in deep doo doo and the whitehouse is distancing itself in advance from Dimon? or it could just be over FIN REG who knows.

Desperado90

07/22/10 12:07 AM

#224728 RE: rramirez82 #224718

I think Obama really did WMI a major favor through the Stimulus Package. The UST clearly stated that because of the new NOL Tax Refunds was a driving force for the formation of the EC.

Now we all know that the UST is part of the so-called government through the DOJ. Therefore, we still have a few good eggs in the government.

The issue here is the BOD treating EC as adversaries and hiding assets from proper valuation.

Finally, as much as people complain about Obama, WMI received $2.8Billion as part of the much maligned stimulus package. The Examiner needs to focus on asset valuation and that would prove criminal fraudulent conveyance and bankruptcy fraud by WMI.

GLTY.