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livefree_ordie

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livefree_ordie

Re: None

Wednesday, 12/23/2009 7:23:06 PM

Wednesday, December 23, 2009 7:23:06 PM

Post# of 730280
Can anyone or has anyone tried to find out why WAMU was not a bank that was made eligible for or offered TARP funds like all the others were afforded? I don't understand why the gift of WAMU just had to be given or turned over to JPM so quickly. I have read and heard the whole story but cannot understand this one thing. Why were they forced into failure without the offer of TARP. Can anyone respond to this or do you know this answer. Unless I missed it somewhere I am at a loss on this subject.
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