Replies to post #21159 on Washington Mutual Preferred fka WAMPQ

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I liked the part on page 15:

"In connection with its hearings, the Senate Permanent Subcommitte also released e-mails gathered in its investigation that underscore the importance of investigating the relationship between Goldman Sachs, WMI, and WMB, particularly in light of the SEC's April 16th, 2010 commencement of a major civil action against Goldman Sachs for defrauding investors in the sale of subprime residential mortgage-backed securities."

". . . In addition, at times during 2008, Goldman Sachs recommended short selling of WMI shares and may have engaged in short sales of WMI securities for its own account - betting that the company's financial condition would deteriorate."

Another piece of the puzzle, now we are pursuing further information regarding the role of Goldman as part of the independent examiners evaluation!