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Re: joe513 post# 280748

Tuesday, 03/15/2011 2:12:00 AM

Tuesday, March 15, 2011 2:12:00 AM

Post# of 732565
I dont disagree with you. pay out preferred 100%. I own plenty of those shares also. Just making the point that now would be a great time to settle. I arrived at the $4.18 number by a few different assumptions.

I think there has to be an expectable resolution to move on for JPM and the FDIC. Would love to see more in the $9.00 + range but when we are coming to a resolution to settle my assumption of $4.18 is going to make all parties an amount that they can live with.

If anyone from JPM/FDIC is reading this....do this deal now. If not, this will drag out for a long time and you will lose. you might win the court battles in the near term, but time will catch up with you. It always does. Ask madoff and standford. Do the right thing now when the world is pre-occupied by other world changing global events.
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