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mattchew

05/24/11 9:03 PM

#295504 RE: up and up #295497

Sure is, hear is another "Oh really?"


Another key deal paving the way for Washington Mutual's bankruptcy exit was reached last year with U.S. regulators and J.P. Morgan, providing the bulk of the cash to be distributed under the plan.

I think they meant the bulk of WaMu`s tax refund going to JPM?
You know, that 5.5 Billion in escrow and another 2.5 Billion not yet received fron the IRS. It is in the MOR, I am not making this stuff up.

What is the value of all the State refunds due?