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Re: kitleslie post# 44732

Wednesday, 12/03/2008 12:34:53 AM

Wednesday, December 03, 2008 12:34:53 AM

Post# of 729541
Exactly. No doubt about it that the TRUE VALUE is

a h#ll of a lot higher than those #s suggest.


If someone executes a buyout, they could get the cash and the NOL, and then liquidate all assets slowly as to get the most $$$ for each piece.


No matter what, WM is in a great position and is more than solvent enough to continue operations.


Also, don't forget that the judge has and will continue to let WM transfer $$$ to WMI and other subs as they see fit and she wouldn't allow this if these subs were losing $$$. Think about it, most of the losses came from WaMu. It was too big. The subs are actually GOLDEN.


Thanks for the post kitleslie. Please share your thoughts more often!

Have a good night!
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