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To: patron_anejo_por_favor who wrote (150277)	9/25/2008 1:40:04 PM
From: The Reaper	Read Replies (3) \| Respond to of 306849

Another Democrat on the committee, Brad Sherman, said that if Congress does not act in the next few days, the bailout would not likely pass in its current form. "My calls are coming in about 300 to 2 against this," he told CNBC. "That's why if this bill doesn't pass on Saturday or Sunday, it won't pass in its current form, because if members go home and actually talk to their constituents, they'll see the anger at this." "so we're just going to go ahead and pass it anyway, because we know what's best for the people." - kkirby I can't think of a more blatant example of taxation without representation.

To: patron_anejo_por_favor who wrote (150277)	9/25/2008 1:41:20 PM
From: damainman	Respond to of 306849

WM 1.56, maybe Thursday....

To: patron_anejo_por_favor who wrote (150277)	9/25/2008 1:47:37 PM
From: Smiling Bob	Read Replies (2) \| Respond to of 306849

Just sold some calls at a small loss. Don't like this sinking despite the bailout. Says they lost their invitation and no copies are acceptable.

To: patron_anejo_por_favor who wrote (150277)	9/25/2008 2:00:39 PM
From: XoFruitCake	Respond to of 306849

">>WM 1.91, diving off a cliff.<< They may be the winning contestant on this week's installment of Bank Failure Friday! Tell 'em what he's won, Johnny!" And all the preferred are doing cliff diving as well.. WM/PK is down 28+% today to 1.65 (par 25) and WM/PR is down to 90 (par is 1000, also down 28+% today).. When junior debt trades in the 6-7%, it is not only predicting a BK, but a whip out on the common and preferred as well. The junior preferred become an option in this case... Could be interesting if some of these preferred got to 2-3% of par as a speculation on the BK court..