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Bizreader

04/24/10 2:44 PM

#192408 RE: SaSuSam #192407

Add to that the mystery around just exactly who did the bulk of the withdrawals during that run on WAMU and one will have a better picture of the facts in this serious case of financial injustice if not financial violence.

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dragon52

04/24/10 3:19 PM

#192415 RE: SaSuSam #192407

yup... she took over WAMU on a hunch not fact

because it appeared that it would more likely fail...

She stated that WMB was more than likely to fail so they decided to seize it; not stated was, it would not fail if we don't seize it after congress passes the bail out plan....

Note shortly after the seizure, the bail out plan was passed and other banks worse off escaped take over.