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Re: Yanik post# 309958

Thursday, 06/16/2011 6:27:55 PM

Thursday, June 16, 2011 6:27:55 PM

Post# of 730698
I agree. We better get some good settlement both for preferreds and for commons. When I read about WAMU's collapse in 2008, I could not believe a bank with asset of 300 billion and deposits of 200 billion could be bought with a mere 1.8 billion! How could that happen? What kind of math magic is that? My gut feeling is that a great injustice was done, and I still have that feeling now--even stronger. A lot of smoke screening occurred to cover up some wrong doing here, and I hope our team will/have uncovered enough evidence to bring justice to this case. Maybe not in this bankruptcy court, but we have the civil and/or criminal court later to air our grievances. Well, we don't ever have to get there if, like I said earlier, we get a good/equitable settlement that our team(EC/SG) can aggree to, in exchange for precious releases.
However, if they play hard ball and choose to screw us again, then, heck, forget all the releases and let us proceed with depos and on to civil or criminal court! At this point, I don't care anymore if I get a single penny, but I would like some light shone on this case and expose who the crooks are. Some definitely deserve to wear those orange jump suits. Just frustrated.....

AIMHO
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