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WithCatz

12/27/10 12:50 PM

#266353 RE: dmceng #266351

I've made several posts around the same theme. The GSA will be extended. I just can't fathom any rational reason for the 'powers that be' to just let the GSA/POR disintegrate due to the automatic provisions of the 7.3

That said, whether or not the FDIC "wants" it extended, I think the language (of the 7.3 not requiring the FDIC to re-approve the GSA for an extension) is that it doesn't matter what they think. But, I believe that what the FDIC wants is releases. And the GSA/POR, provide for those. So that is the horse they rode in on, and the one they will stay in the saddle with, for now.

...Catz