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rockie101

09/28/10 8:40 AM

#237976 RE: wamuvoodoo #237973

Clear it up for me also....I can't see where the big deal is.
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steved_45

09/28/10 10:58 AM

#238071 RE: wamuvoodoo #237973

FDIC will counter that JPM should have paid 20 times that amount and then ish will hit the fan for JPM while shareholders reap the reward. I can't wait to hear the FDIC's counter. It will only be positive for all classes.
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Big Paper Pancakes

09/28/10 1:08 PM

#238146 RE: wamuvoodoo #237973

This is a last resort tactic; JPM is clawing for traction in a frantic chaos. This could only mean that behind the scenes we've already won.

Chimon!
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argc

09/28/10 1:10 PM

#238149 RE: wamuvoodoo #237973

No the 1.88 bln doesn't belongs to WMI.FDIC suppose use the money to pay wmb bondholder first.