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warcton

11/01/10 6:53 PM

#247217 RE: luckybear #247205

<someone just mentioned maybe steve sussman has the answers to the questions>

Susman didn't sign on for a guaranteed loss.

The examiner report delved into possible claims against JPM and FDIC and the reasonableness of the settlement with the evidence that he was given.

The Examiner did not include a valuation or asset list.

This is all part of the process.

Susman has access to more information than we do. Let's wait to see what he has to say.
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knick

11/01/10 7:15 PM

#247276 RE: luckybear #247205

My only problem with that theory is if Sussman has it he would of given it to examiner.No?I'm presiezure and holding but really disappointed in the examiner if he needed more time he should of asked or stated he was in conclusive on POR not approve it.
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JimsZ

11/01/10 11:13 PM

#247581 RE: luckybear #247205

Susman has had Nelson taking care of the case has he not? Has Susman been around or is he letting a "newbie" take the biggest case he's ever seen? Why?


Susman will do nothing. There is nothing like fighting an uphill & one-sided battle. This is like the Indians using bows and arrows against Union Guns! You can't win. JPMC bought everyone they could not beat and/or the GOVT was involved (Treasury/Fed Reserve/FDIC)

See page 81, Freilinger states that Wamu should have been siezed as it was sooo horrible (assistant treasurer of Wamu)... Where is he now? A Vice President at JPMC. Where is everyone else that mattered? JPMC. Why? Who would give up a VP position at a corp the size of JPMC along with the bonuses they receive to be honest? Rotella was the Cheif risk officer for Wamu and JPMC kept him AFTER he killed Wamu... they even promoted him as he's now Chase Manhattan Mortgage Corp President... Everyone that could give info is now high up in JPMC... What else is there to do? You think they will bite the hand that feeds them? We will find out 40 years from now when none of this matters, someone will come out and want to clear their conscience before they DIE... Other than that, this is pretty much over. The govt/big guys stole a few more bucks from the working families, what's new? How is this any different than what they've done for the past 100 years?

And for all of you that had that US 911 patriotic spirit in thinking the Twin Towers were really hit by hijacked planes with a bunch of Muslims.. Look again as it was your govt behind it. A small loss of life compared to the changes we made in Iraq! Booyah, GO US


Hochberg will probably be working for JPMC soon as their cheif legal officer.. Watch and see!