Saturday, Sep 27, 2008
JP Morgan continues to be the winner.....conspiracy anyone?
FT: Washington Mutual
On Thursday night, the Federal Deposit Insurance Corporation descended to carve up Washington Mutual. After the Office of Thrift Supervision ordered the closure of the largest US thrift, the meat of WaMu’s business was immediately sold to JPMorgan Chase for a mere $1.9bn.
Also see http://markets.ft.com/tearsheets/performance.asp?s=us%3AJPM & http://en.wikipedia.org/wiki/JPMorgan_Chase
Posted by whostolemyendowment @ 11:01 PM (219 views) Add Comment
3 Comments
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2. Cbandman said...
yes .. I think it is/was a conspiracy. You can find more at http://wamucoup.com. Hope thats within your policies?
3. This comment has been removed as it was found to be in breach of our Blog Policies.