That's called re-direction, away from the real criminals,where the focus of attention should be...yes there probably is some culpitude, but I see a fox in the hen house...
Bull. The FDIC just wants to rape the D&O Policies for settlement, you and both know that have too much dirt on their hands to walk into a courtroom and try to prove fraud.
Isn't that like the "pot calling the kettle black?"
They will just get what the D&O's agree to on each.. Don't make it into something more than that. You could actually see a reversal from that organization/agency on your boys.. be careful.. The water is getting bloody.. The assets of Chase (CUSA) are now under scrutiny.. Gonna be awhile before JPM stock appreciates to what it should be booked at..
Remember: Wamu didnt Fail. Wamu was Solvent. FuDIC broke every rule to put WMI into BK.
THE FINAL CHAPTER HAS NOT BEEN WRITTEN ON WMI.
Also, looks bad for JPIG. I count five cases (thats the highest I can count, dont know what comes after 5) that could be filed against JPIG which could put JPIG into BK. These are not trival issues.
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