I would not expect a halt any time soon. Keep in mind that there was a reason why WAMU was the largest financial institution left off of the no short list back in 2008 and those same forces are going to want to let their partners cover before the real wave hits.
It really is disgusting to watch! Seeing Rosen spin his lowball estimates of the value yesterday was the kicker. My gut tells me that was a favor to his friends to help them cover low.
News 
Market Data 
Discover 
