Dime Bancorp Inc (fka DIMEQ)

[Bluzie2]

We have a cause of action against the Wamu board for its actions (or lack thereof) post-seizure. That is separate, but related to the value of the LTWs themselves. If we are equity and get $0, we _might_ still have some recovery from the directors, but I'm not sure how the damages would be computed for that because if we'd be entitled to $0 anyway, we wouldn't necessarily be harmed...

I'm sure Wamu will argue that.

But we'll see - I'm not a securities attorney or a bankruptcy attorney, so I'm certainly not an expert here.