And if the BK court decides at the end of the day as the examiner who wamu shareholders begged for has already decided that Wamu was a failed bank that needed to be shut down and sold by the FDIC what then.
Will it all be a conspiracy that JPM, the FDIC the courts and everyone else defrauded the shareholders of Wamu? Or will it be the fact that Wamu by it's own actions already on senate testimony defrauded it's shareholders by corrupt mortgage lending.
You can be assured that referrals have been made to the justice department and at the end of the day the FDIC will be proven correct in shutting down Wamu and selling it to JPM at no tax payer expense.