Replies to post #1797 on JP Morgan Chase & Co (JPM)

[JimsZ]

You do realize JPM was supposed to pay fair value though don't you? Do you really believe fair value was acquired?

I don't believe I will gain anything back of my investment, too much govt tied up in this. I do think what was done to Wamu was wrong though

[fixedops]

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.

Actually the examiner stated that the bank was most likely solvent in his report.
JPM has also stated many months ago that they believe that the bank was solvent.