Very sensible assessment, and a likely scenerio. All should make money here in WAMU. Only thing, I believe it will be next year, before a settlement is reached. Here is [1] example, addressing the ''billions of dollars'' seen daily in posts here. No one in this country wants to see any TARP money distributed to the FDIC or any bank, going to a few people in a lawsuit, or bankruptcy such as WAMU'S. The PRESIDENT and his ''BRAIN TRUST'' can't take this kind of hit right now. Too many lives have been devastated, and need time to heal. Time should heal a lot of this mistrust. Indian
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