Grand, I agree with your succinct portrayal of the WMI/JPM situation. How this will reflect in the share prices is the frustrating part. There should be a class of stocks that the SEC watches more carefully, i.e. software is the answer in my opinion, when on the pink sheets and / or in BK.
The regulation of respectable stock shares of a respectable company is paramount to the personal savings of many people.
The Repubs wanted privatization and free enterprise and they wanted more personal responsibility. So here we are trying to fend for ourselves and look what we get!
MM manipulation by the minions of JPM.