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uzualsuzpect

11/27/11 10:52 AM

#346649 RE: Royal Dude #346646

Also, we dont even know if the P&A has been extended or is a done deal yet.



http://www.bizjournals.com/seattle/blog/2011/05/wamu-sale-extension-the-documents.html
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Large Green

11/27/11 1:32 PM

#346672 RE: Royal Dude #346646

Royal, yes, this is where this case is since they could not get their releases twice over. You hit the nail on the head as it is JPM and the FDIC's call at this time. The rest of all this mediation IS THE DISTRACTION while they make the deal with the EC. Incidently, do NOT worry about the EC not be able to talk with the FDIC, remember JPM/FDIC make their own rules as they go due to them being above the law.