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jackson227

03/31/09 9:38 PM

#62138 RE: WaS #62136

It just adds to the drama.

Now more bashers will appear telling people that there is no hope, blah blah blah blah blah.


If they lost money on Washington Mutual Inc shares, then they shouldn't have sold, plain and simple.

They are already trying the "risky lending" lawsuits and $hit like that, but class actions and claims based on similar reasoning will be shot down.

It is still ridiculous to see a $38 Billion claim. It seems to fit in pretty well to the overall case.

UFB
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cents2ks

03/31/09 9:47 PM

#62147 RE: WaS #62136

the phrase "and all others similarly situated" is clearly an open invitation for every leach lawer in the world to hitch a ride. IMHO