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Re: SamuraiProgrammer post# 122027

Tuesday, 11/24/2009 10:11:38 AM

Tuesday, November 24, 2009 10:11:38 AM

Post# of 730803
Samurai, I think you are "spot on" however if I had anything to say about WMI, there is no way I would sell to JPM. WMI should either stay in business or force JPM to pay for what they actually stole and put the holding company up for a bid.

If WMI collected 50 billion between JPM/FDIC, this cash pile could bring double this price by accepting someone else's paper such as GS, WFC or MS in this "Cash is King" environment!
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