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WithCatz

10/07/11 5:28 PM

#338895 RE: michael laurino #338893


I haven't compared the slide vs. the GSA -- perhaps someone else has.
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thelimeyone

10/07/11 8:42 PM

#338908 RE: michael laurino #338893

The $33B has not been cut down at all. This is being done in 2 stages:

1) EC to get control

2) Sue the MF's in DC (JPM/FDIC)

Result: Low $ initially PS, high $ PS in the end (not years later, capitulation well before that)

tlo.