Washington Mutual Preferred fka WAMPQ

[Nightdaytrader]

Modicai, if we can't reach an agreed on settlement, how does WMI win? That is, if I fast forward several months down the road, and say we were in court against the FDIC/JPM, how do we argue a fradulent conveyance motion when we have somebody like Rosen/WMI representing us? It doesn't seem like he's looking out for common shareholders (I realize we aren't his #1 priority but still....)

Any thoughts on this would be appreciated.

thanks,
ND9