...as you know, unfortunately; I really wish it would have not have happened, that it was a total political move to pass TARP and simultaneously reward JPMorgan shamelessly right out in the public eye, while Wachovia (with it's 'tied in connected Executives and BOD and the interest Wells Fargo with owners (Buffet)) got an outrageous NOL tax exception only affored to Wells Fargo for only the Wachovia transaction and nullified forever for anyone else thereafter).
...a very, very embarrassing moment in U.S. financial history; and it appears to have become even more systemic today.
...WaMu "wasn't in the club."
...as well as you know that I do believe WMI was 'looted by as much as that amount.
...it's just that, we had our chance, our day in court, and it's over.
...we got what we got.
...not very happy about it, but there is nothing more than I believe that I can do or could have done once the first confirmation denial affirming the GSA other than fighting the good fight for NEWCO and unraveling the NOL secrets.
...the adversaries were, and are, everyone in power, money and politics.
...it makes the lyrics of the song "Regurgitated Disinformation" so apropos and so on topic for what happened to WaMu.
...on the Anniversary sentiment, here, take a look.
Job for a Cowboy - Regurgitated Disinformation Lyrics
Falsehood projects from a day to day instrumental broadcast That flows through the net of mass media The lungs swell as the puppets speak to the public As their words grow limbs to crawl and give birth to ignorance
Reports endlessly drift and cloak reality Leaving mass audiences to believe into layers of fiction The hellish elite pull the vulnerable strings of journalism With the mastery of everyday blood money and ultimatums
The boundless flavor of dominance on the starved tongue Gives these kings a mental state of ambitious arousal For corruption steadily trickles from their fingertips And showers into the pool of forged mental assurance at their feet The sleeping masses live on their so called tranquil lifestyle, lifestyle
They sleep and wake utterly blindfolded in a regurgitated fashion Money will always equal dominance above law and above government Disinformation will constantly leave a nation, a nation As a forever sleeping giant due to the ongoing voice of propaganda
Falsehood projects from a day to day instrumental broadcast That flows through the net of mass media The lungs swell as the puppets speak to the public As their words grow limbs to crawl and give birth to ignorance
Reports endlessly drift and cloak reality Leaving mass audiences to believe into layers of fiction The hellish elite pull the vulnerable strings of journalism With the mastery of everyday blood money and ultimatums
The boundless flavor of dominance on the starved tongue Gives these kings a mental state of ambitious arousal For corruption steadily trickles from their fingertips And showers into the pool of forged mental assurance at their feet
They sleep and wake utterly blindfolded in a regurgitated fashion The sleeping masses live on their so called tranquil lifestyle They sleep and wake utterly blindfolded in a regurgitated fashion
Money will always equal dominance above law and above government Disinformation will constantly leave a nation As a forever sleeping giant due to the ongoing voice of propaganda Of propaganda