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strikehold

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strikehold

Re: go_wamu post# 193250

Wednesday, 04/28/2010 9:01:00 AM

Wednesday, April 28, 2010 9:01:00 AM

Post# of 729609
Sorry I couldn’t reply early but I hit my 15th post for the day. Anyway good questions, the way I understand it the BOD bought bonds at pennies on the dollar. BOD hires Weil to take care of bonds and screw share holders. That was their plan from the beginning. So I would assume they sold their shares along time ago and now they are sweating bullets. That is why they fought so hard to keep the EC forming and pursuing a share holder meeting in fear of losing control. And now we have an examiner coming into play when the Judge signs off. This is getting good. IMO
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