Washington Mutual Preferred fka WAMPQ

[Bizreader]

There's the rub. It is in BK. This report is a creation of accountants. We shall see how "broke" they are.

In the meantime, the other law suit about fraudulant conveyance and collusion is smelling this whole thing up, or can't you smell it?

How about you and I agree that the math isn't making sense because this solvent bank, (see OTS doc), and this bank holding company
are worth more than what is currently estimated.

If you can't agree then you and I will have agree to disagree... but what happens to my portfolio value depends on the FDIC admitting what Sheila Bair said on national TV already that the FDIC doesn't have legal rights to seize bank holding companies: http://www.cnbc.com/id/29392088 from minute 6 to 8.

This is a case where the FDIC has wreaked havoc... with the help of Hank Paulson and JPM Chase. This is where this arguement is going. imho eom