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Alias Born 07/25/2008

sf

Re: Gmenfan post# 241995

Sunday, 10/17/2010 5:37:56 PM

Sunday, October 17, 2010 5:37:56 PM

Post# of 730575
i dont think susman would allow a stock settlement. what if after we receive the shares jpm does file bk just to do it. then commons are toast. there is no foia or protection for shareholders after wamu and lehman because of the frank/dodd act. and i wouldnt put it past them to do it saying they needed to trim the fat and consolidate. they do have upwards of 1.2 trillion in debt..they are insolvent! susman is not stupid...i think cash is king in this equation. and i think pref will see new shares in wmi. theres a difference in being acquired because of true insolvency and being stolen and solvent. would you allow someone, that stole your car with your family in it, to marry your wife and have your kids call him daddy...then give you a worthless IOU for a later date (which is what jpm stock is. it is no better than citicorps stock going around and around at 4.25 to 4.35 on 450 million share volume day after day)
and a "so sorry letter in the mailbox?" how stupid do people think susman is? he has these jokers over a barrel. there is money there! all they have to do is put the printing press in high gear!
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