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bman007

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bman007

Re: Chiron post# 47876

Saturday, 12/20/2008 1:00:22 PM

Saturday, December 20, 2008 1:00:22 PM

Post# of 732302
There will be nothing for shareholders, period!!! If there was, trust me, the wall street crowd would be buying WAMUQs and they are not. Wait for a bounce and exit is my recommendation. I own ZERO WAMUQs, thought about it but after looking at liabilities verus assets decided not to. Yes, it is true to paymen of liabilities can be stretched out but preferreds will get taken care of first and the rest will be wasted on attorneys by WAMI as they desperately try to get back the bank. Ain't gonna happen. Yes, WAMU was screwed, WELCOME TO AMERICA!!!!! : )
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