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Post# of 749756
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JimsZ

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JimsZ

Re: uzualsuzpect post# 123328

Wednesday, 12/02/2009 10:33:21 AM

Wednesday, December 02, 2009 10:33:21 AM

Post# of 749756
The news is starting to FLOOOOOOOOOOOOOOW... Once word really gets out JPM/FDIC have no alternative other than to settle up.

I really believe it's going to be JPM acquiring WMI with FDIC settling up JPM on a cash basis. That would allow JPM to use "shares" and take over notes with low cost, yet give them a large influx of cash money from the FDIC!


Got shares, only wish I had a hell of a lot more!
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