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Wednesday, April 14, 2010 5:56:50 AM
IMO yesterday was the last trap which we could fell into. But INSTEAD, Mr. Killinger defended Wamu outstandingly well, which resulted in a victory before congress and more a victory before the press.
Every business journalist will now know, that wamu was unfailry treated, was not on the short list, had the opportunity to survive on its' own, was on the edge of taken over by a large bank (Banco Santander, ...) and JPM got WAMU as their birthday gift for "free" from the FDIC.
All we want is justice. A right compensation from JPM reflected by a fair share price. I am not saying 24 dollar/share, because then there will be another crisis, but 4-6 dollar/share is the least they can pay us.
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