Perhaps so. But in some ways I welcome this. This takeover happened overnight, behind closed doors. The public needs to become aware of how the FDIC took WaMu from its shareholders and gave it away.
If we can put this takeover in terms of how it hurt over 54,000 mom and pop retail investors (not a bunch of fat cat Wall Street types, or rich execs ala AIG), we may be able to win public opinion.
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