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Re: seth06 post# 147371

Friday, 02/05/2010 10:39:43 AM

Friday, February 05, 2010 10:39:43 AM

Post# of 730020
In short, a "cash" settlement would result in a halt to trading and the trustee contacting brokerage firms requiring them to report the names and positions of all WAMU stockholders - after which your shares would be exchanged for some monetary value in your account.

I highly doubt this will be a "cash" settlement. We will likely see a stock swap of some sort - under which the above scenario would apply, except our shares would be exchanged for some percentage of JPM stock instead of monetary value in your account.

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