Tuesday, October 27, 2009 11:08:34 AM
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Posted by JCL58 on Yahoo!
Here is a link to the CNBC story BEFORE WAMU was closed. It was posted at 7:42 EDT (4:42 PDT)
http://www.creditwritedowns.com/2008/09/jp-morgan-chase-buys-wamu-out.html
Included CNBC video broadcast before bank was closed reporting that FDIC will be closing wamu later in the day.
Here is the JPM presentation produced for the 9:15 PM EDT conference call on 09-25-09. It has loads of data that must have taken a month to produce.
http://files.shareholder.com/downloads/ONE/757475362x0x236634/b5a3d70a-28ac-4148-8966-71b18408c8c3/JPM_WManalystpresentation.pdf
Here is proof positive that the imminent closure of WAMU was leaked. Check out the time stamp of the message post:
Thu Sep 25, 2008 at 05:32:41 PM PDT
http://www.mothertalkers.com/story/2008/9/25/4236/-FDIC-to-Seize-WaMu-and-Sell-Deposits-to-JPMorgan
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FDIC to Seize WaMu and Sell Deposits to JPMorgan
By Anne W
Thu Sep 25, 2008 at 05:32:41 PM PDT
FDIC to Seize WaMu and Sell Deposits to JPMorgan
As I shared here a couple of weeks ago, the FDIC has moved tonight to seize Washington Mutual. The FDIC has arranged a sale of the 2239 branches and their deposits to JP Morgan Chase.
The FDIC does not believe any FDIC funds will be necessary.
Welcome to JP Morgan Chase!
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Posted by WAMUQD on Yahoo!
It's up on youtube now. Lets remind people that prior to the propaganda machine being flipped on, CNBC was already asking questions before they had many, if any facts.
It only took me all night to figure out how to get a copy of the video. CNBC is such a pain in the butt when it comes to downloading their reports.
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Original Thread on Yahoo!
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=270466&mid=270466&tof=9&rt=2&frt=2&off=1
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