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old_schooler

04/09/10 2:32 PM

#186621 RE: rockie101 #186619

I'm sure there quite a few uniformed people that will get an education on what happened and why and I'm betting it wasn't because of subprime paper.
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dannoninvest

04/09/10 4:10 PM

#186656 RE: rockie101 #186619

wasting my time replying to this. Jamie Dimon said he has made FAR more profit off of wamu than what he paid for it. And that isnt just 100% profit. Try more like 2000%. Case closed. where can you get over $200 million in stock for $50 million. Noone can do that. Unless they are a crook. Crooks get caught. Nobody can buy stock for less than what it is worth. In fact over 90% of the time, people pay more than what it is worth. mm control price of stock, Dimon doesnt. I guess since Jamie got Visa stock for 20% of its value, all of visa should have tanked that day. Jamie makes me sick. 50 years in prison and a $125 billion dollar fine would be a start..