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well said! as i just posted over at Accrued Interest:

if i was that joe lewis guy who just dropped $1bn on bear, i'd be spending another couple of hundred million buying as much bear stock as i could.

if you can get enough stock to vote against jp taking it over, you are then holding the fed to ransom, if you are prepared to lose your investment. pay $4, demand $30/50/80 a share whatever, and see what you can squeeze out of them. for the fed/jp, it's a choice of spending another few billion or letting BS go bust. you never know...maybe someone could just about pull that off!