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Wednesday, January 29, 2020 11:00:59 AM
Simple really!
To disguise or hide the fact that WAMU was in fact solvent and was only seized as a MATTER of NATIONAL (WORLD FINANCIAL) Security to save the failing JMPC.
In hindsight I think the JUDGE even HAD BEEN TOLD and then told US when she said she was afraid to make JPMC pay up the 4 billion or it might make them go down as well.
They had to imho make this LOOK all the way to the end like we had nothing, to justify the seizure of WAMU, but just didn't tell the WORLD it was to save JPMC!!!!!!
WE for all intents are the only ones that know this as everyone else things we actually failed!!!!!!!!!!!
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