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Sculelos

11/28/09 5:50 AM

#122708 RE: Land Agent #122706

IMO JPM is going to come up with a settlement deal that is going to merge WMI with JPM and we should get some sort of stock swap out of the deal, maby a 2:1 which would add .85 Billion shares to the 3.9 Billion JPM shares that are already out there diluting their stock by about 22%, today's 41$ JPM price/share would be about 32$ a share if we all sold out immediately effectively diluting their stock value. However I don't think it matters much to JPM as that would allow them to keep most of their cash as all they would need to do is pay off WMI's 7.8 Billion liabilities and take over interest payments for bondholders and preferred share-holders (The Full value of the preferred is not due until something 2040 or something similar.)

IMO All banks are slowly merging into one huge world-bank... scary but if you want to know the true nature of money I highly suggest this read.

http://www.jeremiahproject.com/newworldorder/prosper.html