Washington Mutual Preferred fka WAMPQ

[ptolomeo]

I know WAMU is the victim. I think that's why we are here invested, because we know the failure was programmed, the seizure was somehow a kabuki theatre act to give away the assets to JPM -the Government Bank- and now we have hope on the Justice system.

The US is not responsible for the debt of Greece, or Portugal, or anyone else in the EU. They decided to borrow more than they could possibly repay,

Don't make me laugh. US is more in debt than any other country in the world. Just check http://www.usdebtclock.org/. There recently was a crisis where Obama had to beg to have this debt limit increased, have you already forgotten it?

Check the 'total debt per citizen' field. Right now each (north) american citizen owes 174,648$. Each Spanish citizen owes around 30,000€ (~41,298$). Compare 174,648$ vs 41,298$.

The only difference is that US is a -too-big-to-fail-country-, at least at the moment...