Friday, November 26, 2010 3:19:10 PM
The reason I posted the listings last evening of what banks received TARP funds is this. We were all told that the reason for the TARP funds is so the banks could stay solvent. Especially the large ones, "Too big to fail" is what I seem to recall here. But somehow WAMU 100 years in business unlike many on the list I posted did not fall into the "Too Big to Fail" list?
C'mon they did this right out in the open, they wanted JPM to own WAMU it's that blatantly simple. JPM gets what WAMU would have gotten for TARP monies, should it have needed it. Look at the list of small banks on this TARP list. Plain as the nose on my face anyway.
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If it could be proven that tarp funding program was in the works at the time of the theft of Washington Mutual.............
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