Wouldn't it be great to be JP Morgan, buying 307B in WaMu assets, paying less then 2B, and then if congress passes the 700B bailout, selling probably 10s of Billions of Toxic Assets to us!
That's perhaps a 1000% return on one days work, pretty good deal I'd say, perhaps the greatest in history.
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205120 3 years ago
Wouldn't it be great to be JP Morgan, buying 307B in WaMu assets, paying less then 2B, and then if congress passes the 700B bailout, selling probably 10s of Billions of Toxic Assets to us!
That's perhaps a 1000% return on one days work, pretty good deal I'd say, perhaps the greatest in history.
virginlampoil 3 years ago