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wamuvoodoo

01/17/10 6:20 PM

#138771 RE: Nightdaytrader #138770

they all got caught they expected wamu to just say we give up...NEGATIVE.......THEY ARE IN BIG TROUBLE....THE WRITING IS ON THE WALLS
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Lawrence 147

01/17/10 6:50 PM

#138774 RE: Nightdaytrader #138770

It is not a matter of what JPM wants at this point. Now the worm has turned and it is a matter of what WMI will accept. For this all to go away JPM needs to absorb in its entirety all of WMI. If this ever make it before a jury the damages could destroy JPM. Yes the executives of JPM and the FDIC could still possibly face criminal charges even after a settlement, but that would be up to the Attorney General’s office or the DOJ or what ever other government entity charged with that responsibility.
You must separate the Criminal justice from the Civil Damages. No thief robs your house then tells the judge what they will pay. There is just too much to loose not to settle for whatever WMI says to pay. Hopefully they keep it under 100 million dollars but over 52 million.
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diamondguru-one

01/17/10 7:50 PM

#138778 RE: Nightdaytrader #138770

jpm isn't going to pay BILLIONS....the FDIC is....FDIC is the fraudulent/crooks/thieves in this transaction...not JPM..JPM is happy they bought a very profitable bank...they JPM were just the buyers,,,
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freddy80

01/17/10 9:21 PM

#138793 RE: Nightdaytrader #138770

I agree there will be no cash
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ub2

01/17/10 11:34 PM

#138807 RE: Nightdaytrader #138770

JPM isn't calling the shots here, get it. EC is DEMANDING CASH $$$$$$$$$$