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Post# of 730663
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Re: sf post# 89160

Wednesday, 08/26/2009 9:35:54 PM

Wednesday, August 26, 2009 9:35:54 PM

Post# of 730663
SF, I do not think most people realize, WMI does not want to be merged with JPM. Let's face it, if JPM gave WMI $24.00 a share, WMI would cease to exist.

Now if WMI can get $24.00 in cash/stock to settle with what they have already stolen, (should be easy now) WMI can sell themselves to another entity (GS,MS,C) they could demand double ($48.00) as the entity would be paying in stock so that would be the premium for the cash pile and stock depreciation.
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