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etzetrade

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etzetrade

Re: Chiron post# 296526

Thursday, 05/26/2011 10:06:09 AM

Thursday, May 26, 2011 10:06:09 AM

Post# of 730595
No depos is to block the blood trace from other authorities, such DOJ. Susman definitely has something to force HFs into negotiations.

The big money is to sue JPM in DC courts. Who cares about $4B as a settlement between EC (not BR) and JPM. JMW is a crown to say "fair and reasonable".

As you said, 1 million shares in exchanged of 2.60/share for settlement. If you were MW, would you like to spend this kind of efforts to get few bucks?

1500 share of Ps remains intact. MW will re-issue new preferreds with same terms and conditions in WMI2. Just be patient about dividents. Once new investors jump in for NOLs and preferred holders get dividents, the market value is FV.
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