Sunday, April 18, 2010 5:53:07 AM
"WaMu again would have been prevented from failure. Under an inconsistent and moving public policy, WaMu was in fact a systemically important institution and should have been treated as such. It is noteworthy that Secretary Hank Paulson in his recent book, On The Brink, states (on page 293) that… “I see that, in the middle of a panic, this was a mistake. WaMu, the sixth-biggest bank in the country, was systemically important.” I agree with Secretary Paulson’s revised view.
http://hsgac.senate.gov/public/index.cfm?FuseAction=Search.Home&site=hsgac&num=10&filter=0&q=845375f3c7f1
Who gave the order to seize Wamu days prior to the tarp being passed...Paulson??? Sure looks like it........... "
From yahoo message board from mblun2002
PLEASE send this to the financial editors of all newspapers like NY times, WSJ, Reuters, Kristin Grind
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