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Wednesday, October 20, 2010 11:18:45 AM
ZERO exposure to the derivitives for WAMU
Several hundred billion exposure for JPMC
JPMC wants WAMU's banking presence
Market crashes because of JPMC exposure
Uhh Oh JPMC in trouble. Bear Stearns was given to them.
Uhh Oh Bear Stearns was not enough, JPMC still in trouble.
JPMC has Govt. Pensions and is thus too big to fail
Suddenly, WAMU is seized and sold to JPMC
JPMC is suddenly solvent again.
Remarkable.
Recent COOP News
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