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Friday, March 02, 2012 4:38:48 PM
The Board either knew or did not know the real numbers and potentially devestating deficiencies that could lead to their largest asset being taken away from them. The FDIC forced WMI to re-capitalize and dillute WMI and the OTS had a legal Memorandum of Understanding with the Board, which Fishman immediately seized upon and tried to get implemented.
WAMU was a Wall Street takedown in favor of Wall Street over Main Street and should be the focus of how powerful Wall Street really is, when it needs to consolidate power, support and finances to SURVIVE!
Many power players are in our crosshairs once we exit this courtroom. Many!
~Don~
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