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philipmax

01/06/12 2:04 PM

#5861 RE: linda1 #5860

NOT A LAWYER just my opinions.
The real issue is whether the FDIC had a right to assign the LTWs. It did not own them and neither did WAMU. By turning them over to JPM in a flippant "by the way" manner, and, having so proclaimed in the Global Settlement Agreement (GSA), it became "written in stone". I do not agree.