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Re: VivaLasVegas post# 42213

Friday, 11/21/2008 1:29:43 AM

Friday, November 21, 2008 1:29:43 AM

Post# of 729692
They are in the perfect position for either explosive growth or a buyout.

Also, if anyone feels that preferreds won't get paid, they should realize that they could sell 1 of their subsidiaries to pay of WAHUQ, and etc etc down the line. Preferreds are going to be treated properly regardless of how this plays out.

They are in a much stronger position that most right now as they are lean , mean, well capitalized and well-accounted for. And it is clear by their transition team that the deal is about to be done or they are going to come out swinging.

I truly think that if a buyout happens, it is more than a real possibility that GS is going to be the one that steals the show, saves Washington Mutual, and turns JPM into the bad guy. They have all the incentives and motivations I listed in a yahoo post and they also already have an "inside" position as far as the markets go. They win big if they make the first real offer.



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