I bid $1. Not $1/share. $1 dollar for the whole enchilada. I figure WaMu’s equity as a whole at least has some option value. Oh, but I also want a backstop from the Fed. I want it structured so that I can’t lose more than $1. Yes, that seems reasonable.
I bid $1. Not $1/share. $1 dollar for the whole enchilada. I figure WaMu’s equity as a whole at least has some option value. Oh, but I also want a backstop from the Fed. I want it structured so that I can’t lose more than $1. Yes, that seems reasonable.
I bid $1. Not $1/share. $1 dollar for the whole enchilada. I figure WaMu’s equity as a whole at least has some option value. Oh, but I also want a backstop from the Fed. I want it structured so that I can’t lose more than $1. Yes, that seems reasonable.
I bid $1. Not $1/share. $1 dollar for the whole enchilada. I figure WaMu’s equity as a whole at least has some option value. Oh, but I also want a backstop from the Fed. I want it structured so that I can’t lose more than $1. Yes, that seems reasonable.
I bid $1. Not $1/share. $1 dollar for the whole enchilada. I figure WaMu’s equity as a whole at least has some option value. Oh, but I also want a backstop from the Fed. I want it structured so that I can’t lose more than $1. Yes, that seems reasonable.
The attempt at sale is a show, if anybody did have the capital to buy it they wouldn’t with out a backstop. Wamu is just another in a long line of economic suicide bombers strapped in toxic mortgage waste threatening systemic collapse if the USG doesn’t comply.
The attempt at sale is a show, if anybody did have the capital to buy it they wouldn’t with out a backstop. Wamu is just another in a long line of economic suicide bombers strapped in toxic mortgage waste threatening systemic collapse if the USG doesn’t comply.
The attempt at sale is a show, if anybody did have the capital to buy it they wouldn’t with out a backstop. Wamu is just another in a long line of economic suicide bombers strapped in toxic mortgage waste threatening systemic collapse if the USG doesn’t comply.
The attempt at sale is a show, if anybody did have the capital to buy it they wouldn’t with out a backstop. Wamu is just another in a long line of economic suicide bombers strapped in toxic mortgage waste threatening systemic collapse if the USG doesn’t comply.
The attempt at sale is a show, if anybody did have the capital to buy it they wouldn’t with out a backstop. Wamu is just another in a long line of economic suicide bombers strapped in toxic mortgage waste threatening systemic collapse if the USG doesn’t comply.
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