InvestorsHub Logo
Followers 364
Posts 9948
Boards Moderated 2
Alias Born 09/17/2008

Re: etzetrade post# 232564

Tuesday, 08/24/2010 6:14:34 PM

Tuesday, August 24, 2010 6:14:34 PM

Post# of 731371
JPM knows they have to pay more, they have already alerted their employees to such. JPM will/should get the Bondholders and the Preferreds (P's) the TPS consortium will get their 4 Billion to satisfy that debt.. WMI is solvent once the bondholders and preferreds/TPS are gone. WMI will have value that will be disclosed after the deal is done. Susman is not going to let WMI sign a deal that will relieve the players of liabilty, so therefore JPM will not sign.

If Commons are paid the TPG guarnateed $8.72 PPS min, then maybe JPM/FDIC will be relieved of future liability. The longer JPM stalls, the more they make off WAMU assets. I like Diamond's figure of 2X's plus value to commons after trials have been prosecuted and decisions handed down..

This is crazy, the FDIC seized a solvent bank and no one seems to care,, but US !!!

FDIC has culpability in this caper. They will be sued in DC soon. Examiner being stalled, is a joke and THJMW needs to take the reps of JPM/FDIC in chmabers and spank them with a BIG "PRINCIPAL" Paddle, OK Friedman lay over my knee, you've been a bad girl and Califano take off the diaper! Now that I have made your arses red, are you going to cooperate? If they say no, send them to China for a flogging! That should do it !!!

In reality,, Depositions should be ordered by the Examiner, he has subpeona powers.

~Fish~



Being a BULL takes work and due dilligence. This is something few will ever see, because it is very rare... Like WAMUQ !!!


~Fish~

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News