imo there is "NO" long route......they are coming out of "BK" "BY" the 3rd qtr......WAMU drew a LINE in the SAND 2 months ago.....Goooooooooooooooo WAMU....
well, Of course, IMO, All the junk assets are in the hands of the Government. The banks are gone, Whats left with WMI is holdings. So holdings and super cash(settlement hopefully) and no TARP money to deal with, Sounds awfully promising to me.
I feel like if the FDIC doesn't decide to settle out of court and call it a bluff, then they will be forced to settle out of court to stop the damage to their reputation.So one way or another all roads lead to WAMU.IMO