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jhdf51

10/16/10 11:52 PM

#242050 RE: sf #242045

Yep...the "had no clue" will turn out to be "we knew every part of what was coming down".

Lovely world we live in...Shareholders are the screwed party in most of these transactions with the exception of this one (hopefully)....Time for Mr S and Mr H to let em have it!

JHD

gophilipgo

10/17/10 1:32 PM

#242083 RE: sf #242045

I agree with this. We're all pointing the finger at JPM and FDIC--as we should--but I think WMI is also a culprit.

SlyOne

10/17/10 3:03 PM

#242097 RE: sf #242045

Well. It was the reponsibility of WEIL to tell the BOD what to file and when. They are the legal minds behind this.

This board and Mngt should have known when to file with FDIC, again lawyers are suppose to tell to file.

Or not file, which what WEIL advised or accepted.

Two years after, we as shareholders see what WEIL was trying to do. WEIL had no intention of protecting the shareholders, they were conflicted..........This reads like post everyone has heard b4 and just re-hash of old posts....