sheila bair even said on cnbc that she has no authority to take down banks with holding companies...but she did with washington mutual!!! this govt in this day and age is insane about power. and if people dont educate themselves they are going to have a govt that will eventually tell you when to take a dump!!! as for thmr..it takes alot of money to go through bankruptcy, money i feel they dont want to shell out. i feel they are shopping the mortgage co for buyers or partners. i dont think they got the price on assets that geithner needs to continue his toxic bank asset scheme on april 2nd. geithner doesnt want that benchmark set for comparison. has anyone heard a peep for the auction? i havent. thats why i feel they are going to broker a deal to get thmr out of the way. we should see soon. april 30th is when the GS offset comes due. anxious to see what happens! if the payment is paid we are golden! even if they do fall into bk they could surge like SIRI did to .30 or better. either way we win. jmo
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