Wednesday, November 19, 2008 10:50:52 AM
Washington Mutual Holdings is not going to liquidate. They will be bought out, or, they will continue to operate. Chapter 7 liquidation is out of the question.
JPM, or anybody else, can buy as MANY SHARES as they want, they just have to notify/get permission from the right people.
It should not scare you that nobody is talking about WMI. The silence literally speaks volumes. If you are too nieve to see that, then I suggest that you sell right now and go invest in bonds!!
Best of luck to you sir!
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