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Bizreader

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Bizreader

Re: Lawrence 147 post# 65509

Sunday, 04/26/2009 6:53:13 PM

Sunday, April 26, 2009 6:53:13 PM

Post# of 729293
Doesn't WMI ownership have to sign off on all this?

I mean, there are real people behind these numbers.

I don't know any of the WMI ownership personally but when it comes down to settling with JPM they are not going to go easy on JPM.

The offer to settle has to be truly stellar. The FDIC may actually pay off WMI first and then their war chest is even larger.

Other than that, the stock buying maneuvers sound likely but I'm still learning about all that.


Your line has to be in the water to catch a big one.

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