If that is correct, which I am not saying it is, then you might as well turn your computer off for quite a while.
Anybody who thinks the FDIC is going to get approval to borrow up to 100B at a time and then will just turn right around and say "here you go WMI" is a little nutty, but that's jmho.
Also, the term Global Settlement, imo, is referring to lawsuits that are against WMI that were filed in the past, and imo that is what Wolfe and others are working on.
There is a whole lot of pumping and misinformation being passes around, especially at yahoo, but to each his own.
WAMU = trade at your own risk
