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Re: A deleted message

Saturday, 04/06/2024 12:02:41 PM

Saturday, April 06, 2024 12:02:41 PM

Post# of 730428
all of you here waiting for a payout of more money is a result of Killinger not accepting the 8 dollar per share offer for WAMU ... shareholders could have saved 15 years of anguish of waiting for nothing, and wasted lifetimes...the preferreds would have gotten the regular dividends, Bondholders secured investments would have been protected, and over 16 billion in depositors funds would never had sustained a "run" by withdrawals... jobs would never been lost, suicides, family breakups would never had happened, and so forth of all the bad stuff receivership, and bankruptcy brings...b3 posted Killinger made millions as CEO, as well as the BOD to run WAMU in the dirt by subprime posting, and THEY NEVER APOLOGIZED TO ANYONE NOR SERVED JAIL TIME, OR SUED FOR DISGORGEMENT!!!!!!...sadly, Jamie was in a superior position than Killinger when he made the 8 dollar offer...this is the "fortunes of war" in financial matters when someone screws up, as Killinger did...by not taking the 8 dollar offer, Killinger consigned all of you , and the rest of the shareholders with equity value losses and years of misery which will never end....just think.... had WAMU been absorbed by JPM, you would have suffered no loss in monetary value except the name of a once proud company called WAMU.. such are the vagaries of bad decisions....I am not the bad guy here, Killinger was by being arrogant when he told Jamie to F.O......your prior values in WAMU now show up on the balance sheet of JPM and not in your brokerage accounts... too sad, that Killinger did not accepted the offer of 8 dollars per share.... Lodas
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