Washington Mutual Preferred fka WAMPQ

[HROLLER]

My educated guess is that we will not be gifting the tax refunds to JPM or the FDIC. That's another $3 billion to the pot. This is how they will get their releases. Add in the NOL's for WMBfsb stock and then the extra NOL's for preserving the "old and cold" equity and everything will be just fine. Like I have said before, there is a buyer out there to utilize the full NOL's. And if anyone is wondering on what a buyer would be willing to pay for the NOL's, take the decision by JMW in a previous case in which she accepted an actual value of approx. 30%-35% of that companies NOL's when the debtor was basically trying to write them off as 0%.