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Re: dale45 post# 123282

Wednesday, 12/02/2009 12:35:39 AM

Wednesday, December 02, 2009 12:35:39 AM

Post# of 734762
JPM has actually had much more than $16 billion withdrawn over the past year (check their slideshows), and I'm fairly certain that most of that money was withdrawn by former WaMu customers, but that is neither here nor there. When a company actually has cash reserves, they can absorb losses and massive withdrawals.


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