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Saturday, 01/02/2010 1:09:16 PM

Saturday, January 02, 2010 1:09:16 PM

Post# of 730090
To All Happy New Year and let us hope we climb up as quickly as it all came down. To me the proof is in the pudding. In that I mean that JPM has shown huge gains/profits from WAMU's mortage business, no great losses as they said were happening to WAMU. Also how did they not realize that for $1.9 Billion dollars that they were not getting the steal of the century or all time. Any idiot who can count would know buying something with this much upside would only give one more profits for practically nothing. I don't understand why common folks and Judges don't seem to grasp this simple concept. One did JPM gain or lose from their stealing of WAMU, if they gained how could it be if WAMU was in the terlet? Does not add up and when I was in school if things did not add up they were wrong. Simple. GLTA
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