News Focus
News Focus
Followers 5
Posts 537
Boards Moderated 0
Alias Born 05/26/2010

Re: Bluzie2 post# 3091

Tuesday, 01/18/2011 3:56:22 PM

Tuesday, January 18, 2011 3:56:22 PM

Post# of 8307
Thanks. Always short and to the point.

The $64 M is to correct a math error.
There is still a tax gross up issue of $134M.
Lastly, the Judge's order, I believe, gratuitously awarded us interest say $5M. (I don't recall Steinberg requesting this feature)

I am still confused because it's the FDIC that has to pony-up the bucks so what does a WaMu reserve serve as?

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today