sickofthebull

Did the FDIC Sabotage WaMu's Management and Erode Investor Confidence?

what do we do? how do we band together and attempt to overturn this debacle, which was obviously orchestrated in order to be a fait accompli prior to the govt bail out? I too, am outraged by the "nanny nanny foo foo" attitudes of those who say investors "deserve" to lose their money for being speculators?!! Everyone who owns any kind of stock, invests in a mutual fund or 401K is a speculator.. perhaps they can afford to be smug because THEIR investment is YET to be wiped out? WM was beat down by the likes of Cramer and CNBC. I am appaled at the overt and blatant destruction of WM by outside forces. They certainly could have hung on for one more day, and been allowed to heal themselves courtesy of all of us snookered tax payers who will now line the coffers of the likes of commie JPM and the other fortress banks. I feel gagged and hand tied, and desparately believe it is time for people with principles to strap on a set and take this s**t on!