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Post# of 749756
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lightweight75

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lightweight75

Re: Junk Yard Dog post# 36730

Friday, 10/31/2008 9:49:01 AM

Friday, October 31, 2008 9:49:01 AM

Post# of 749756
WMI doesnt want WAMU back though. They were in negotiations to sell before the takeover and turned down $8/share. Ideally they want to sell the holding company and get fair value, I know I used the word "fair". To me they are trying to shore things up in anticipation of that, to make the bottom line more solid for a takeover.

"Don't argue with idiots. They will take you down to their level then beat you with experience."

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