Sheesh, Argus, I'm just a dumb Mick and Stosh is a dumb Pollock. Go figure - yet, we are here with boatloads. As are you and good on ya.
A few things before the Tide rolls again. Don't take yer eyes off the JPM and DB thieving goings on. I mentioned the 26th - as the power of attorney for JPM in the WAMU play will expire. Why is that important? Well, when a bank goes BK, the court appoints a surrogate - through a POA - to oversee the winding down of the firm. Things like mortgage payments, deposits, brick and mortar, employees, etc... You get the drift. Usually, that POA lasts a year, maybe two, depending on the complexity of the BK. In WAMU's case, JPM is approaching eight years as a POA. Never heard of that and unprecedented. But it tells me one thing - very big money is coming to those who hold WAMU.
And the tie between JPM, DB and Pappy is concerned, big money is coming to all those who hold Pappy. Remember, they are Trustees, tied together like a hand in a glove and don't fergit the two magic words. You can figure out the rest. Glad you had the foresight and foreskin to play this one, Argus.
Just look at actions from those two sonsofbitches in the next couple of weeks. And, by the way, the 26th is the eight year anniversary of the WAMU theft. Fancy that. It's all related.
In the meantime, enjoy family, a good steak, multiple Sinatras and the football.
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