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Thursday, March 18, 2010 9:36:07 AM
http://www.law.com/jsp/article.jsp?id=1202446186977
based on the link above wamu is ok with us not getting anything per share.
they agreed to a deal that left all of us hanging. they are obviously not fighting for us (common share holders) and that is a fact.
yes i said that is a fact. they are willing to sign a deal that excludes us. read it in the link
Major developments out of federal bankruptcy court in Delaware: Washington Mutual's estate has reached a proposed settlement with JPMorgan Chase and federal regulators that will result in the return of $4 billion in deposits and nearly $2 billion in other cash that will be used to pay WaMu creditors, according to lawyers involved in the matter.
which means to us... we get zip
beware people!!!
we may get 24 dollars a share (hopefully!!)
we may get nothing
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