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umaw

10/27/10 6:45 PM

#245425 RE: EXDIMER #245419

EXDIMER, no risk because they got mostly only good assets and a back stop from the government.... Nice try....
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dix

10/27/10 7:00 PM

#245427 RE: EXDIMER #245419

Recent news in the mortgage market just confirms the giant risk JPM was taking when they bought WAMU assets for the "BARGAN" price.

What news and how so?



Ten
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fsshon

10/27/10 7:22 PM

#245429 RE: EXDIMER #245419

Actually WAMU had a "risk management" department who had the books. If I remember Mr Rotella was in charge of that...

Oh those pesky MOLES !!!