BB50 - my feeling is POR v7 will only be marginally satisfactory, but as the company rebuilds, I feel a lot of the 'lost' assets still in possession by the FDIC will 'merge' with the resurrected Wamu or whatever it will be called as a settlement, or in lieu of. The real returns for Wamu investors will come post-bk emergence. And the FDIC, with a shrug of the shoulders and a shy smile . . .
Hey!! Where have you been BB!!?? Redactions happened today on two of the depositions from what I saw. I have only read about 20% of today's posts though...so I could have missed a few.
"Potato Chip" (one of our good German friends) posted a link referencing the ones I saw...(thanks Potato!)
better yet they talk about us becoming a reinsurance company and the rumor they are searching for buyers. We have multibillions of dollars in Nols. I found a list of reinsurance companies here. http://www.einsuranceprofessional.com/reinscomp.html
I see Berkshire Hathaway. This list could have one of the possible buyers.