Washington Mutual Preferred fka WAMPQ

[mordicai]

Who really has the authority to speak for the newly reorganized company before the board of directors is even picked? It would not just be a forward looking statement...it would be an unauthorized forward looking statement. Moreover, if there is any deal in the works or hidden assets/value involved, announcing it imho would just be begging/inviting JPM, FDIC, TPS, Marta etal to ask for yet more. One has to ask himself why a $125 million credit facility...why/how was that number picked. It didn't come out of thin air.