maybe if AF management would do something other than maintaining their individual empires and agressively cut costs and stop peeing in their depends over falling interest rates and do something to enhance the spread and possibly expand their franchise somewhere other than long island, maybe just maybe we can get that 45% premium on a sale. it seems that they are just fine and dandy with sitting on their hands overseeing a shrinking "real" eps and bloated cost structure.
Don't count on WAMU and AF. Killinger is agressive but his managment changes point towards suring up the house first (technology overhaul underway). If they are in buying mode right now, its not likely to be the NY market. The Dime deal proved that the logistics will add 3-6 months to any timeline.
Try the southeast or maybe even the midwest. Rumor has it ABN is looking to get out of Standard Federal.