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Post# of 730758
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hotmeat

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hotmeat

Re: None

Monday, 12/29/2008 2:21:37 PM

Monday, December 29, 2008 2:21:37 PM

Post# of 730758
I personally am not worried since there is no entity now that would not want 20Bil worth of Nol value in this market. The problem with WMI emerging from chap 11 is that they will lose a substantial part of their nol due to their non business assets(cash and convertible securities)which are greater than one third of total assets. A buyout or merger is the best option in their present situation unless they get the banks back.
Just wait and see!!!
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