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Re: Blue Wizard post# 240944

Tuesday, 10/12/2010 4:57:43 PM

Tuesday, October 12, 2010 4:57:43 PM

Post# of 749756
Luv to read this again:

Maintaining Capital - In late 2006 and 2007, WMB began to build its capital level through asset shrinkage and the sale of lower-yielding assets. In April 2008, WMI received $7.0 billion of new capital from the issuance of common stock. Since December 2007, WMI infused $6.5 billion into WMB. WMB met the well- capitalized standards through the date of receivership.

"In 2004, Dimon set a goal for JPMC to acquire the Washington
Mutual banking franchise and geographic market by any means
necessary. In the months and years that followed, JPMC developed
and executed an unlawful scheme designed to achieve this end"

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