Replies to post #2649 on Washington Mutual Inc pfd K (fka WAMKQ)

[jackson227]

If they do exit before a settlement from the FDIC, we're all completely screwed imo.

We need value added to the books because as it stands right now, the co isn't worth much and it is actually owned by the creditors.

[onco]

UQ board???.please explain further TIA

[contractor10940]

actually WMI attorneys addressed that issue in court stating they'd like to wrap up these proceedings by 3rd Q this year

its in the lawyers briefs, around february /march 09