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Roach58

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Roach58

Re: tcr7309 post# 426174

Monday, 06/15/2015 12:37:34 PM

Monday, June 15, 2015 12:37:34 PM

Post# of 730279
Not really. The government bailed out AIG. Nobody bailed out WAMU, although similar illegal tactics were employed in each. So, it looks as if the plan to wipe out equity in future bank seizures, may not be legal after all, in spite of Geithner bragging about that back in '10. They had to bail out AIG because they were heavily exposed to MBS. Big ole mess is what these idiots created.jmo
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