good to see your still kicken John,,,, but, ... in your news letter of years ago i remember your advice to but global Xing.... i dont remember advice to sell. i lost a small fortune John.
Only the "tough" can survive under the new 11 laws and I think this is one reason they are in chap 11.. The opther reason wamu is doing the 11 in Delaware is that they have plans to continue on as a bank after the dust settles. Had they filed in the west this would hinder their future ability to reorganize as a bank . Washington State is " Home Port for WAMU".
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