Washington Mutual: The Largest Bank Failure in History [View article]
It's plain and simple. It's profiteering on a crisis. The whole financial climate was bad. This move by JPM&C makes it a lot worse and a lot more lasting for a lot more people. A very few large depositors moving their money toppled this bank. JPM used the countries financial crisis as a smoke screen for a mugging.
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It's plain and simple. It's profiteering on a crisis. The whole financial climate was bad. This move by JPM&C makes it a lot worse and a lot more lasting for a lot more people. A very few large depositors moving their money toppled this bank. JPM used the countries financial crisis as a smoke screen for a mugging.
Oct 09 09:40 am
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All Comments by Wamook »Washington Mutual: The Largest Bank Failure in History [View article]