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Monday, February 16, 2009 12:21:23 AM
I hope that is about WAMUQ, but it could be about anything.
"JPMorgan's M&A head Dennis Hersch leaves firm
Mon Feb 11, 2008 7:13pm GMT
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[-] Text [+] PHILADELPHIA, Feb 11 (Reuters) - Investment bank JPMorgan Chase & Co. (JPM.N: Quote, Profile, Research) said on Monday that Dennis Hersch, global head of mergers and acquisitions, left the company.
JPMorgan has not named a replacement."
http://uk.reuters.com/article/marketsNewsUS/idUKN11830620080211
Maybe JPM is planning on buying WMI and they got rid of Dennis Hersch with the intention of blaming him for the "deal" gone horribly wrong.
or
Maybe JPM is planning on an overseas acquisition.
http://money.cnn.com/news/newsfeeds/articles/djf500/200902102306DOWJONESDJONLINE000874_FORTUNE5.htm
or ?
Also, I jumped the gun on this last week,but I have to ask it again.
Did Goldman Sachs dump their shares for real this time?
I don't see them listed as an Institutional Owner on ETRADE, CNBC, AOL, etc.
http://data.cnbc.com/quotes/WAMUQ/tab/8
http://finance.aol.com/company/washington-mutual-incorporated/wamuq/nao/institutional-ownership
I don't know if I'm just not seeing them, I don't know if they dumped with the intention of scaring people to sell and then plan to buy back in after the pps tanks, or what.
Any input would be much appreciated.
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