willwin, you just don't get it yet, this will be a very valuable learning experience for you for the future should you want to invest in distressed debt or distressed equity.
The way you guys talk, the biggest news event since the financial crisis is going to occur when wamu escrow markers receive 10s or 100+ billion.
Why it won't happen, simple, jpm never gives up anything without a fight in the courts and guess what, no lawsuit ever filed on escrow holders behalf claiming jpm and fdick have anything that doesn't belong to them from the wamu deal. Oh yea, all off book, I continue to forget that 10s of billions are coming back under the table. Not even a remote possibility.
all imo
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