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diamondguru-one

04/29/10 6:08 PM

#193781 RE: luckybear #193780

Huh ?????? All he's saying he "IS" a per holder..Geeez

Disclosure: Author is long WAMUQ.PK (pre-seizure)
About the author: Troy Racki

SlyOne

04/29/10 6:23 PM

#193785 RE: luckybear #193780

he like all past/current shareholders will get the same or zero.




Not necessarily,
If JPM comes to the table with an offer more favorable to pre holder vs current holder, what do think you the JMW would do? If she is for fairness, what do you think she would do?

This type of settlement is a "settlement" where everything is put on the table. This type of settlement would give relief to JPM on FC for pricing from fair value on Sept 25, and dump all dollars from fair value liability on the FDIC-- they set the selling price. They didnt reset the selling price.

UST comment that a "share is a share" is good and fine. Until, there is workable settlement put on table. Then, man bites dog.