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JimsZ

11/09/09 9:21 AM

#119234 RE: JohnnyWinter #119187

If it can be proven that either party, JPM OR FDIC deliberately took down Wamu for either party's gain then someone is liable to EVERYONE. This will include either paying off or re-installing the WMB bondholders to WMB as well as any valuation in which WMI should have ownership of PLUS penalties. That is the big story here, did JPM short the hell out of the stock? Did JPM leak news to the media that Wamu was failing? Did JPM have moles in the bank put in place to "cause the failure" once WMI would not sell? Did JPM and/or the FDIC plot together on JPM's eventual purchase of WMB and agree to this prior to the 24th of September 2008?