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HROLLER

10/25/10 11:23 AM

#27449 RE: steved_45 #27446

Your statement was that "Wamu didn't have the cash to write down their loans". They did have the cash and they also had other means to help with the liquidity crisis.
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cents2ks

10/25/10 11:44 AM

#27459 RE: steved_45 #27446

I disagree, wmb was stolen to prop up and prevent a "real" run on JPMC. WMB had the money to survive that's why the feds gave it to JPMC...