Tuesday, October 14, 2008 8:48:48 PM
I still truly believe that the common shares are safe here. Ther are some people who think otherwise and we are all entitled to an opinion.
The fact remains that assets are pretty big here. Regardless of the $5 billion, the assets would have been history a long time ago if there wasn't a plan being put in place. I still believe that JPM will be a giant partner for WAMU. You might not see $10, but it will or could be far greator than the .18's we seen. It would have to be something substantial to take out the common shares with satisfaction. I believe it will happen.
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