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Saturday, September 19, 2015 11:04:29 PM
I have followed this saga since 2008, even before WMI filed for bankruptcy. I have read all the documents that are unredacted, and there is still a lot of uncertainty in my mind how this is going to end. I made good money with AMBAC, Citi, Fannie, and Freddie back in 2008. At that time I saw a big potential for WAMU to recover so I went ahead and bought some shares; but then they got "stolen" instead. Even then, I still felt there was enough upside to the story so I bought more "WAMU" shares post bankruptcy filing. Now, all I can do is wait and hope that our escrows and WMIH shares are worth the loooooong wait! I'm optimistic here, but I'm not quitting my day job yet. Got 4 more years to go until retirement :)
Recent COOP News
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