no nonsense here just very well read!! check the reissue of cayman preferred back in sept. it says on the page "wmi" for the stock symbol!!! and that was back in sept. 08. washington mutual had their plan back then ready to roll. the govt is the slow turtle. just like i said back then "wmi will be the phoenix out of the ashes." they will be the entire catalyst in the banking industry to turn this economy entirely around. you watch!!! fdic caused this entire crisis to drain wealth out of america to funnel to the rest of the world to prop up theirs. now our gov't needs to make money and they will spin this whole scenerio in their favor after admitting guilt. they will say they are sorry and they did the right thing and paid wmi for its banks. wmi will have a gag order to not say anything derogatory against fdic or govt and we will come out on top. i feel all the stock will be reissued in kind and we will come out to be the thorn in jpm side once again. but with the guarded behavior to let jpm know this shall never happen again!!!