Catz I have always been a bit fascinated at the speed the FDIC actually seized WAMU and the time frame it sold it all to JPM. Is there no waiting period in which the takeover happened and a legitimate sale could have taken place, was the time limit in doing so a vilation of law in this process? Was due process given to WAMU during this brief period? One can buy stock today but settles three days thereafter. Just a curious point I don't believe I have seen discussed by lawyer types on the board here.
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