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fsshon

09/27/09 2:17 PM

#103406 RE: jo123 #103402

That is why when I was watching ESPN/ABC college football, I saw a commercial using that economist lady Suze Orman in favor of the FDIC! They are getting ready for a big public nightmare, so they are using reputable people to boost their image and instill confidence in the banking system. If you get a chance watch that commercial, it must have been 1-2 minutes long!

Big payday to WMI shareholders coming soon! IMHO
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rickszy

09/27/09 3:13 PM

#103418 RE: jo123 #103402

JO. There is much more to the media clam-up than “protecting consumer confidence” IMO. It is understandable why cowards such as CNN and MSNBC do not want to touch this story but it is still very queer that FOXnews and some large independent radio stations will not roll with this.

As many of you know, I had emailed Charles Payne a few weeks back asking whether he would be interested in the WAMU truth! He got back with me and was very excited about the stories potential and said that he would need some time to do his DD! I forwarded him some very informative, concise, in-a-nutshell board posts to start with and a few days later sent him more info with links to court docs, etc.! Basically, I handed him the story on a silver platter!

Well, it’s been over 2 weeks and NO report on this and NO recent re-turn emails from Mr. Payne! Was his interest CURTAILED by even the powers that be at FOX? It is as if JPM has there hand in everything and owns everyone.

It may sound like I am being a conspiracy theorist but I have never once drank kool-aid with nurse Jeff – LOL!
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Wamook

09/27/09 4:13 PM

#103450 RE: jo123 #103402

If the organizations had any concern for the impact of their news on the economy or the market, they would not have taken the bank over on the eve of the congressional action to shore up the economy. This thing was a cherry bomb that touched off a shooting war.. and drew attention away from the cavalry coming over the rise a year ago.

The news media has been spewing the party line for a year now about the worlds largest bank failure. They write stories about bad loans and bad management and state department investigation of corporate officers. Those who have been talking about scullduggery and dirty dealings are thought of as the lunatic fringe. So the media has a certain investment in being right and proving that it's been right all along. Else they could be shown to have been unwitting participants in the corruption, and utter fools.