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knick

11/24/09 9:50 AM

#122029 RE: SamuraiProgrammer #122027

samuri with asettlement can commons be canceled ???? and what are iyo are chances of cancelations with cash settlement ??? value your opinion.TYIA

Large Green

11/24/09 10:11 AM

#122036 RE: SamuraiProgrammer #122027

Samurai, I think you are "spot on" however if I had anything to say about WMI, there is no way I would sell to JPM. WMI should either stay in business or force JPM to pay for what they actually stole and put the holding company up for a bid.

If WMI collected 50 billion between JPM/FDIC, this cash pile could bring double this price by accepting someone else's paper such as GS, WFC or MS in this "Cash is King" environment!