Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,165.08
(
0.80%
)
US TECH 100
26,601.20
(
0.17%
)
Dow Jones
49,247.66
(
-0.13%
)
Brent Oil
100.72
(
-0.80%
)
Bitcoin
77,814.14
(
-1.07%
)
News Focus
News Focus
Post# of 749756
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

JohnnyWinter

Send PM Follow Ignore
Followers 25
Posts 1377
Boards Moderated 0
Alias Born 07/25/2009

JohnnyWinter

Re: Billiam_2 post# 117200

Sunday, 11/01/2009 5:58:27 PM

Sunday, November 01, 2009 5:58:27 PM

Post# of 749756
Bonderman converted to commons in order to help WMI (not WMB or fsb like some suggest), I repeat, to help WMI sell itself.

I suggest you familiarize yourself with what assets were part of the bank, because the Providian Bank/Card business now belong to JPM and those assets were indeed part of WMB, now JPM.

JPM got everything they wanted, and they will not be buying WMI.

Killinger should have sold when he had the chance.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today