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Re: dragon52 post# 53584

Saturday, 01/24/2009 3:48:22 PM

Saturday, January 24, 2009 3:48:22 PM

Post# of 729912
I sure would like to know how wamu is supposed to be in a good situation where it can have a fc lawsuit against the fdic let alone possibly one against jpm. and if this is the case, why would jpm be changing over wamu property to their name in march as well as selling off some of wamu banks and other property. perhaps wamu is not in as great of shape as people might think or perhaps there is actually a merger/buyout in the works. and lets say that might be happening around March. look at circuit city. chapter 11 one day and an investment from that guy in mexico who actuially wanted to save circuit city, then around 2 months later, total liquidation. not to mention they just closed stores in temple, tx. and killeen, tx. to build a new one in harker heights, tx. the new one couldnt have been there for 2-3 months anyway, now gone.
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