contractor we WILL be golden but to what extent depends how it plays out. In my opinion the best play would be for the FDIC to settle first BEFORE JPM. This would give WMI way more control. With the FDIC settlement WMI would be WAY more apealing to other possible buyers. JPM cant afford to buy WMI they would only be able to do a stock swap which is ok but not the biggest bang for the buck. They may be able to scrape up $10B allthough that wouldnt be enough, if you added $30B from the FDIC gives us $40B. Now what would somebody like GS be willing to pay for WMI when it has $40B in cash assets? If WMI was stupid enough to sell for 1/2 the cash assets $20B that would be $60B. I think that would be enough to make all flavors of WMI whole and then some.
And there is always a chance we can get FUCKED lol
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