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EEC

03/18/10 6:50 AM

#176204 RE: travelmile #176201

You still do not understand this story, right?

No further comments

Good Luck
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maekuz

03/18/10 6:58 AM

#176215 RE: travelmile #176201

Of course WaMu got loads of toxic subprime mortgages, but no matter what: WMB was well-capitalized by all standards and got sold for 1.9B$ in spite of having cash of 4B$.