Saturday, November 06, 2010 12:24:50 AM
e: FDIC contacted JPM 6 days Prior to Bid :-WSJ 5-Nov-10 07:45 pm Amazing coincidence of how the run on the bank seemed to start right after Sheila contacted Jamie. How did they know that they would need to seize WAMU? OTS said WAMU was OK. OTS did not send capitalization letter to WAMU. FDIC did not even have WAMUs financial documents to even make any determination about necessitation to seize WAMU.
So, explain to me Sheila, how you knew that WAMU was going to need to be seized? How did you know that a large run on deposits was ready to start so that you could force OTS to seize WAMU? Please Sheila, we are waiting for you answers.
Why did the Examiner not discuss the run on the bank and determine where all the withdrawals came from. This is the real smoking gun. This is where we will find the real proof of the contrived run to bring down WAMU. Susman and EC, please!!!
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