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Re: uzualsuzpect post# 103212

Saturday, 09/26/2009 5:22:21 PM

Saturday, September 26, 2009 5:22:21 PM

Post# of 749756
If it's going to take about $20B just to pay off the Creditors and the Preferreds, that doesn't leave very much left for the Commons. But then again, considering the fire-sale WaMu was sold to JPM for, that'd leave a lot of room to wiggle if the court makes them pay at least fair value for WaMu.


What is the approximate book value of WaMu at present. This is going to be a very large deciding factor for those that are debating if the Preferreds are a better route to take than the commons. Lets hear some numbers!

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