The smash and grab WaMu bank seizure on Thursday, September 25th 2008 was easily covered-up with the resulting tragic chaos of the collapse of the US financial system. The smoothly executed, though thrown together, WaMu bank seizure was the catalyst of the financial collapse. It was because WaMu was so valuable a merger candidate, so unjustly preemptively seized, so cheaply pawned off to JP Morgan Chase, that the financial markets panicked and brought down the system. The FDIC had caved in on the idea to seize WaMu when insisting on a balanced and fair WaMu merger would have been the right thing to do. While the SEC ignored the banned naked shorting of WaMu, the bankster FDIC clique performed one of the greatest heists of all time, and told America it was for their own good. The FDIC claims it was the slow passage of the one week old bait and switch TARP program and not the WaMu heist that is to blame for the ruin. Gold closed at $888.50 in London on September 25, 2008. Silver closed at $13.34. This channel is dedicated to exposing the truth and seeking compensation for WaMu investors.
The smash and grab WaMu bank seizure on Thursday, September 25th 2008 was easily covered-up with the resulting tragic chaos of the collapse of the US financial system. The smoothly executed, though thrown together, WaMu bank seizure was the catal...