http://indieTV.tv What would happen if the media called a protest and nobody showed? As of 4:00pm PST there was one protester out side the WaMu headquarters in Seattle. UPDATE: Today WaMu was seized by the FDIC.
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.
So like, if you give out a few million loans with variable interest rates and then our country spends a few trillion dollars on a war which leads to a recession followed by unemployment which raises interest rates and then people lose their jobs and can't afford to pay their mortgages it's bad?
y would u protest a dead company ass hole
critter7769 3 years ago
Hoodwinked!
helpmakethingsbetter 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
So like, if you give out a few million loans with variable interest rates and then our country spends a few trillion dollars on a war which leads to a recession followed by unemployment which raises interest rates and then people lose their jobs and can't afford to pay their mortgages it's bad?
billj500 3 years ago
Goodbye WaMu :(
kaywood 3 years ago