InvestorsHub Logo
Followers 56
Posts 967
Boards Moderated 0
Alias Born 05/13/2009

Re: gyspsy post# 85844

Monday, 08/10/2009 12:58:26 PM

Monday, August 10, 2009 12:58:26 PM

Post# of 730761
Thanks Gyspsy. I'm sorry, but I don't think age has any bearing here because this is an unprecedented set of circumstances that will change the rules of the game for the FDIC (as it already has for the OTC) and other financial regulators. This is a unique bankruptcy. It is nothing like Bear Stearns (whose common stockholders recovered $10/share post-acquisition by JPM, I might add) which legitimately failed. The legal system will warrant settlement or damages and that is all we need to see assets significantly exceed liabilities.


MAKINGMOVES

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News