I have work under a third party for CASB for a short period of time..
I can tell you that they have restructure thier dead assets mostly in the mortgage I believe that the mortagage was in many ways the problem however,, in working in the back office consolidating most of these paper work..
I know that we are at the tail in of these crisis atleast it appears to be..
I would wouldn't be surprise with a three month time period we would be atleast closer to 2.00..
I am guessing of course, and that is just my opinion.I have a nice position in the stock around the .30 and .40 I would say that the stock is way under valued..
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