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Re: Bizreader post# 192386

Saturday, 04/24/2010 1:55:49 PM

Saturday, April 24, 2010 1:55:49 PM

Post# of 730665
Very nice article. It is a good summary like we are used to from Reuters.

I especially like this part:

"Rather than hold the meeting and risk losing control of the company Washington Mutual is expected to renew negotiations with the equity committee to win their support for a settlement, according to an investment banker involved in the case. “The potential to waste time is now extraordinary,” the banker said"

So they are going to beg the EC... They must be desperate!
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