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Thursday, March 26, 2009 9:26:20 AM
Is anyone ever going to address the fact that the Fdic and Jp Morgan Chase unethically took over Washington Mutual bank and destroyed the lives of the Investors of Wamu. The Fdic forced a fire of Wamu for 1.9 billion when Wamu had 300 billion in assetts..jp Morgan blatantly lied to the public about the deal and have recently perged themselves by stating that the Fdic only gave them 2 days to put a bid in on Wamu, they had previously stated that they ample time to review , consider and close the deal on buying wamu for 1.9 billion when earlier jp Morgan was happy and willing to pay $8 a share for the stock or 13 billion in cash which is what the stock was worth at the $8 a share price. Washington Mutual was Blindsided and sold prematurely inturn wiping out the Investors of stock in Wamu...Wamu has a lawsuit against JPM and The FDIC, and now JPM has a Countersuit against WAMU and is also suing the FDIC...JPM and The FDIC are playing he said she said game and blaming eachother..This needs to be resolved for the Common Good of the People who entrusted their hard earned money in a company who has destroyed by the greed of the FDIC and Jp Morgan Chase..
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