Actually, it will determine a value for the assets that WAMUQ holds. The assets are valued at $32 billion on the books, not that anybody would give you that today for them.
The bill will mean that current value would be determined, which means that this stock would be worth even more sooner than the holders here hope.
I think you dumped too early. Just buy back in and enjoy the ride rather than posting meaningless msgs!
Posted by: CSItrader Date: Tuesday, September 30, 2008 12:52:24 PM In reply to: None Post # of 5637
<<raising hands...i know what will happen....if passed...this bankrupt company is going to the friggin moon...i mean jp morgan and the fdic owns the assests...why wouldn't it go to the moon??? then everybody on the hub will be dumping and everybody will become millionaires. sounds logical to me!
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