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Re: rinswind2 post# 3404

Friday, 05/27/2011 8:18:47 PM

Friday, May 27, 2011 8:18:47 PM

Post# of 111237



I listened to some of the hearing in which Brian Rosen somewhat vaguely explained the settlement in the Wamu case.


I decided to go ahead an buy a few thousand shares of the commons at .11


I expect the EC would not agree to a settlement unless there is some value there for the common share holders - and also Brian mentioned it will be one of their goals to increase value for the share holders.


There is still talk of Lehman over at the WaMu board I noticed.