This case, I believe may have to looked at a bit differently than your run of the mill BK stock IMO....
The state of the economy at that time was at the brink of catastrophe.... The leaders did what they thought best, many believe errors were made and WAMU was a bit of a scapegoat to get TARP passed, remember, Congress nixed it a couple of times before it finally passed....
I don't think it is hard to believe that the Gov't could be hiding the truth here (imagine that).
There are just so many things here that makes one scratch their head....
It is not inconceivable to me that Susman and Willingham knew the true value here.
The Scrivenors error caused much consternation among equity holders... Again, it is inconceivable to me that an asset list was not known. I have confidence the right people know and will orchestrate it accordingly.
Wouldn't surprise me a bit if JPM had to pay up more as a part of the deal, funny how the PAA has been hush, hush....
Also won't be surprised to see assets have to be liquidated by the the Trust.
It is way to strange not to see 3rd party suits going on from the biggest BK in U.S. History..... Since when do lawyers not want to litigate, just doesn't add up here..... LG has been right on with this point IMO for a very, very long time. It's a combination of a lot of things by a lot of posters on this board that kind make you go Hmmm.
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