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An interesting email from a reader:
Reggie -

Phenomenal work you put out. Saw this in the Friday court decision (denial of WAMU POR) by Judge Walrath regarding JPM and a disputed $4 billion deposit WAMU had that JPM seized. Wanted to share it with you. Apparently the Judge thinks $4 billion could push JPM into their own seizure by the FDIC.

" The Court disagrees with the Plan Objectors. The collapse of WMB itself demonstrates that bank deposits (especially in the amount of $4 billion) may not be easily collectible without resulting in another bank collapse."

Thank You for all your hard work and for sharing some of it.

More on the settlement here: