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Re: Arnold25764 post# 71362

Wednesday, 05/13/2009 9:07:00 PM

Wednesday, May 13, 2009 9:07:00 PM

Post# of 729971
Hello all -- newbie here -- I recently joined the WAMUQ hysteria at $0.05, 0.09 and 0.10 -- I'm hoping for much success!

I imagine that JPM began proposing settlement negotiations quite awhile ago because the docket sheet in the D.C. case (WaMu v. FDIC) hasn't shown any activity since the end of April.

I believe WMI is playing its cards right by refusing to stipulate to any of JPM's proposed (if any) settlement agreements and prolonging this matter right up to 05/20 -- doing so will only put more pressure on JPM and it's management to bend according to WMI's terms -- which I imagine would result in more $/share.
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