WAMU is "Auctioning Itself Off"

[ByLoSellHi]

They're shopping themselves. They've hired Goldman Sachs.

Never saw anything like this before in my life, and never thought I would.

http://www.bizjournals.com/sanjose/stories/2008/09/15/daily64.html

 

[nazzdack]

?.......on EBay? Is there a "Buy It Now" price?

 

[ByLoSellHi]

Quote from nazzdack:

?.......on EBay? Is there a "Buy It Now" price?

Yeah, 'no reserve,' too.

 

[poyayan]

Interesting. WM is in deep trouble then if they need more cash.

 

[Rocko1]

Quote from poyayan:

Interesting. WM is in deep trouble then if they need more cash.

hahaha, you just realized that today?

 

[arealpissedgoy]

The WAMU story was predictable.




http://www.elitetrader.com/vb/showt...228&highlight=arealpissedgoy+wamu#post1716228

arealpissedgoy

12-16-07 04:50 AM

Citibank has its friendly deep pocketed Arabs to bail it out. Plus it's beginning to do well with it's Chinese ventures.

WAMU is the one I'd be shorting to oblivion.

 

[Thermactor]

Quote from ByLoSellHi:

Yeah, 'no reserve,' too.

HAHAHHAAHHA