Xantippa's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/266733/comments http://seekingalpha.com/article/98850-did-jpmorgan-almost-fail?source=feed#comment-275820 275820
Show me the numbers!]]> Tue, 07 Oct 2008 11:54:34 -0400
Show me the numbers!]]> http://seekingalpha.com/article/97717-did-the-fdic-sabotage-wamu-s-management-and-erode-investor-confidence?source=feed#comment-268186 268186
If you don't smell any wishy-washy in this WaMu seizure operation, wellcome to the WallStreet. You will soon learn.]]> Mon, 29 Sep 2008 04:35:57 -0400
If you don't smell any wishy-washy in this WaMu seizure operation, wellcome to the WallStreet. You will soon learn.]]> http://seekingalpha.com/article/97717-did-the-fdic-sabotage-wamu-s-management-and-erode-investor-confidence?source=feed#comment-268174 268174
This seazure of WaMu by FDIC and selling for peanuts to JPMorgan was an overhasted and not well thought operation.

Why did FDIC have only some $42 billion resources, if they have some 170 banks on their warning list? They should have raised their customer bank fees long time ago, when this crisis became imminent, to add their resources to face the savings bailouts from banks, which go bankrupt. WaMu was NOT near a bankrupt, and OTS (supervising WaMu) was not alarmed to warn FDIC. The initiative came from FDIC and JPM - and the speed of the action and the result of it seem extremely suspicious. This seizure process must be examined thoroughly before people can be convinced it was fairly done, both technically and morally.

Otherwise this single operation will further weaken American people's trust STRONGLY in their authorities. It can be felt everywhere.]]> Mon, 29 Sep 2008 04:07:40 -0400
This seazure of WaMu by FDIC and selling for peanuts to JPMorgan was an overhasted and not well thought operation.

Why did FDIC have only some $42 billion resources, if they have some 170 banks on their warning list? They should have raised their customer bank fees long time ago, when this crisis became imminent, to add their resources to face the savings bailouts from banks, which go bankrupt. WaMu was NOT near a bankrupt, and OTS (supervising WaMu) was not alarmed to warn FDIC. The initiative came from FDIC and JPM - and the speed of the action and the result of it seem extremely suspicious. This seizure process must be examined thoroughly before people can be convinced it was fairly done, both technically and morally.

Otherwise this single operation will further weaken American people's trust STRONGLY in their authorities. It can be felt everywhere.]]> http://seekingalpha.com/article/96502-letter-to-the-sec-from-an-independent-trader?source=feed#comment-260713 260713 Sun, 21 Sep 2008 13:11:42 -0400