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Civil War General

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Civil War General

Re: moneyman23 post# 243268

Wednesday, 10/20/2010 11:18:45 AM

Wednesday, October 20, 2010 11:18:45 AM

Post# of 733888
moneyman: JPMC created the meltdown to steal WAMU

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.
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