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Mariner*

10/22/08 1:57 AM

#30807 RE: marayatano #30787

Good points Marayatano. Yes the BK judge could reverse what the FDIC did and restore the bank back to WaMu for insufficient cause.
That would be a landmark decision.
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hahawin

10/22/08 5:21 AM

#30817 RE: marayatano #30787

FDIC and Thrift supervision got threatening letter.

So many people out there got hurt by this improper seizure of WM,not only the equity holders,creditors,but also 10,000s employees. now, what is next? They need the answer and looking for justice.

Official: Texas is source of powder-laced letters

05:30 PM CDT on Tuesday, October 21, 2008

By BRAD WATSON / WFAA-TV


Video

Brad Watson reports
October 21, 2008
MORE: News 8 video
View larger E-mail Clip More Video DALLAS — There were more questions than answers Tuesday evening after powder-laced letters showed up in buildings across the nation.

At least 30 letters were reported in seven cities, including Dallas and Irving. A credible source told News 8 the letters originated in Amarillo.

The FBI and Dallas police are trying to investigate if the mailings are more than just a coincidence.

Dallas Fire-Rescue got the first call about 10:15 a.m. Tuesday from the offices of the Federal Deposit Insurance Corporation on Bryan Street downtown. A worker there opened up a envelope addressed to the FDIC and came in contact with a white powder inside.

A hazardous materials team isolated the powder and the worker, but the substance turned out to be calcium carbonate, a mineral found naturally in chalk, limestone and marble, and an ingredient in antacid products.

One source told News 8 the powder came with a threatening letter that read: "Whoever opened this will be dead within ten days."

The powder and envelope were turned over to Dallas police.

About an hour later, there was a similar situation at the U.S. Office of Thrift Supervision on Highway 114 in Irving. A mailroom worker opened an envelope containing a white powder, also later proven to be harmless.

That envelope also contained a letter, all of which was submitted to the FBI.

FBI spokesman Mark White said its tests on the powder received in Irving and Dallas have all proven negative, but additional tests will be conducted.

White urged anyone with information about the source of the letters to contact your local FBI Office, the U.S. Postal Inspectors Office, or your local law enforcement agency.

The Associated Press reports that similar letters were received at Chase bank facilities in or near Atlanta; Chicago; Columbus, Ohio; Denver; Newark, N.J.; New York City; Oklahoma City; and Washington. An official said all appeared to be from the same source, and were mailed from Texas.

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hahawin

10/22/08 5:32 AM

#30818 RE: marayatano #30787

everybody has to stand up, speak out for this unlawful,improper seizure of WM. Let's get thw WM back from JPM.
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Zardiw

10/25/08 1:38 PM

#33583 RE: marayatano #30787

I guess this depends on the definition of 'failed'....The FDIC in this particular case, used a very BROAD definition....WaMu had the flu, and the FDIC didn't wait to see if it would recover...It went ahead with the funeral............z