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Re: MasterBlastr post# 14924

Thursday, 09/06/2012 8:41:00 AM

Thursday, September 06, 2012 8:41:00 AM

Post# of 15495
You claimed I was clueless about what happened at Washington Mutual.

The Plan of Reorganization, while much more elaborate than Corus Bankshares', would still seem to be relatively straight-forward in terms of which classes of claims received what. And the "R"'s do appear to have been the sweet spot in that re-org. Are you saying otherwise?

"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital

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