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Re: PickStocks post# 218909

Thursday, 07/08/2010 1:49:03 PM

Thursday, July 08, 2010 1:49:03 PM

Post# of 736049
Pick, there is always a way to save face for Rosen et al. In this case, they can turn the tables and come back with something making JPM look like heroes to the general public, instead of the villians those of us who have followed know they really are.

Something like:

Upon preparing their latest quarterly statement, it has become clear to JPM that they have made a much larger profit than expected from their acquisition of WAMU. Understanding that the shareholders of WAMU were not properly compensated when the FDIC had no choice in taking over the thrift(yes, they would say that! LOL) and now able to fully realize the profits that have been generated by JPM from their risky decision to help out the FDIC to save the thrift and wanting very much to help close out the current BK case in litigation, JPM has decided to provide the equity holders $X from these profits. JPM is dedicated to helping everyone, especially in these hard time. By the way, do not forget to email your congressman asking the Jamie Dimon be ppointd Secredtary of the Treasury! :>

"Always look on the bright side of life!"

Eric Idle

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