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Bizreader

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Bizreader

Re: Lawrence 147 post# 81889

Sunday, 07/19/2009 11:41:29 AM

Sunday, July 19, 2009 11:41:29 AM

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Excellent work Lawrence. Thank you for bringing these details out front.

Since the beginning of this saga I have wondered just what person decided to put JD in charge!

That's basically what happened. I think it was Paulson. And then Bair took Paulson's word that everything would be fine if she let Jamie Dimon have WMB, after all JPM was already intimately familiar with WMB! Problem is; that's not okay! Bad business and even worse, laws were broken.

After years under the "see no evil" policies of Bush these people didn't think anyone was watching or would care.

http://www.sec.gov/complaint/selectconduct.shtml

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