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Re: Roach58 post# 365146

Friday, 03/02/2012 4:38:48 PM

Friday, March 02, 2012 4:38:48 PM

Post# of 730675
There are "alot" more culprits out there than just JPMC. If you start thinking "outside the box" and not in it, you will be able to picture a "frame up" on the board of directors of WMI. Keep in mind what was being said to the shareholders 3 days before the initial date set by the FDIC for seizure. Killinger was replaced with Fishman, who released a PR that stated "all was well in WAMU land and the banks were well capitalized to meet their needs through 2009."

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~

Sometimes You Just Have to See the Light Thru the Trees !!!

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