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Re: d indian post# 3917

Friday, 05/08/2009 1:51:56 PM

Friday, May 08, 2009 1:51:56 PM

Post# of 6831
apparently you still did not read the doc. Part of this is media coverage. mainstream media bashing had much to do with the wamu's demise as well as naked shorting as well as insiders planted from jpm, who in turn began to take it apart from inside. READ THE DOC. and see what the lawyers have filed. mob rules as you say work in both directions. if the mainstream were to support/begin a promo campaign for wamu. the pps would be affected. media impacts markets. pos or neg, for any company advertising creates sale. you want to hurt confidence then create bad publicity for that company. Mob Rules...that is how JD got WAMU at fire sale in the middle of the night. the general population is driven by what those who are in authority sell them. OBAMAH is a great example. Cramer is another. So is Rush or Hannity. the undeniable fact is that we are a media driven society and like I said posative or negative publicity from mainstream can impact value.
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