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Re: Jestiron post# 231237

Friday, 08/20/2010 5:03:51 AM

Friday, August 20, 2010 5:03:51 AM

Post# of 727942
Jest.. You are correct sir. Keep in mind that someone in the know ordered WMB to move the FHLB Seattle and FHLB San Francisco deposits out of WMB and into JPM by COB Sept 24th. The order was given on Sept 19th. WMB was in the process of moving 4.2 Bil (WMI) and 4.1 Billion from FHLBs that contributed to the FDIC seizure crutch of (liquidity deposit runs) the run was a total of 16 Billion and had subsided on Sept 23rd.. WAMU had survived another one, but the FDIC had already negotiated its fate. 8.3 Billion is over 50% of the reported (to the media) 16 Billion run.. I want the examiner to find out who was withdrawing and who ordered the removal of FHLB money, We know the BOD wanted the WMI money moved.

Points to Ponder !!

~Fish~

Sometimes you just have to be "RAM TOUGH or TUFF!"
~Fish~



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