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JoePick

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JoePick

Re: None

Thursday, 07/15/2010 12:25:53 PM

Thursday, July 15, 2010 12:25:53 PM

Post# of 736058
In my opinion the FDIC seized a solvent 100 year old bank and sold it to JPM. Ok I get it JPM made up a bunch of stories about WAMU and conveinced the FDIC that the bank was going down.

Bottom line the FDIC pulled the trigger and siezed WAMU and sold it for a penny to JPM. The way I see... FDIC is liable and should pay for tab and then they could go after JPM for scrwing them over.
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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