WaMu Truth: JP Morgan and FDIC Collusion
June 28th, 2009
Washington Mutual Shareholders were wiped out when the FDIC seized the bank on it’s 119th birthday. The bank was virtually raffled off to JP Morgan for measly 1.9 billion dollars. That includes 0 billion dollars in assets as well as all bank branches and their properties. The FDIC handed the WaMu over to JP Morgan, who in turn gave the FDIC WaMus NYC banks. That’s right, the people in charge of insuring and seizing failed banks can now zeize a bank and take over their branches without …
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Wamu WILL overcome this disaster….
??? Wamu is no more, too bad, I liked them more than other banks that screwed me. Remember those ads with the bankers? I guess the bankers had the last laugh.
i did not lose a penny with jp, but it is to soon to tell what will happen, remember this jp morgs, we have the power to dump your ass, and find somone else.
WAMU was sold on its 119th birthday. What is 119 reversed?
Chase’s credit card division is doing some horrible things to its most trustworthy customers. Please click on my name to go to my Daily-Protest website. thanks