corellian98

WaMu Defrauded by JPMorgan?

I don't think they planted moles...JPM was allowed to review WAMU's books long before when they offered $10.00 per share. JPM had all the information they needed. WAMU...if I remember correctly rejected the offer. JPM got pissed off....and according to WAMU leaked some news to help push WAMU into a hole they couldn't escape. I would also like to know if JPM or friends of JPM were told to short WAMU in the weeks and days leading up to the FDIC takeover. Disclosure - I own WAMUQ.PK shares.

What Have You Done, Jamie Dimon?

The only thing I know....is that it didn't have to end this way. Think about the wealth that was lost by a single stroke of the pen....shareholders AND debt holders alike. What were they thinking? This can only cause more problems and in the days ahead...everybody will see, but by then it will be too late.