InvestorsHub Logo

sf

Followers 33
Posts 1283
Boards Moderated 0
Alias Born 07/25/2008

sf

Re: sf post# 299579

Sunday, 06/05/2011 9:11:42 AM

Sunday, June 05, 2011 9:11:42 AM

Post# of 731671
i believe that is why the head of IMF was setup. our govt needed their funds returned, that they sent to the imf as tarp, and the head guy wasnt going to give it up. enter the "maid." he even said he was setup. there is upwards of 30 billion dollars unaccounted for from tarp. i feel our govt setup the takedown of wamu and lehman because the union pensions of teachers,gm,and chrysler, and the senators and congressmen and also govt workers(thru jpm) were in peril.jpm was the insolvent one. if they went into bk the pensions would have went to nil. washington mutual was "sacrificed" to keep jpm and the fed afloat.now i feel the tide has turned and now china is going to involve themselves with wmi to break into the american market. with their investment thru tpg, wamu with the merger of lehman holding co (my opinion) are a force to be reckoned with. and i feel jpm will then become the "sacrifical pig" in the "friendly competition" to come. jpm is all about fees. wamu was all about no fees and getting under jpm collar. wamu was jpm's " big problem" and they thought they were disposing of them. now with wmi coming out, the shoe is now on the other foot. and jpm i feel will be broken up because they can no longer compete and the govt will be forced to "privatize" the pensions held within the bank. no more handouts for them.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News