Friday, June 04, 2010 11:53:10 AM
That is the charming factor of the valuation by Dr. Acharya:
His valuation is based on the publicly available information from JPM.
No overstating, no possible junk assets. Just the recent cashflow generated from former WMI assets.
"You should have settled with WMI in spring 2009 and you should do it now. Things could get a lot more difficult for you."
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