I agree Diamond, assuming for the moment that things do go Wamu's way, it seems silly to even think of share swaps or any other disposition of assets, sometimes it pays to think simple, and think large, as in the BIG picture.
Okay, i'm WMI, i've gotten my settlement from JPM and the FDIC, with part of the proceeds, i've paid off any debt I was responsible for. I now have:
1. Billions in cash
2. No debt
3. Clean balance sheet
4. Ticker and Tick-et back to the big show
5. Experience in investment banking
6. An economic situation where there are still LOTS of banks and businesses for sale, most at pennies on the dollar, and real estate too.
So what do I do? Do I give all that money to the shareholders, say "show's over folks, turn out the lights, walk away, and apply for unemployment?
Or do we saddle up and build a new empire?
Are we Ameri-cans or Ameri-can'ts? lol!
Cue the rock and roll up and let's do this thing!
Just sayin'...(<<<<southern for JMHO)
News 
Market Data 
Discover 
