Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: VAFreedom

My guess is that as the WAMU (washington mutual) portfolio is wound down, these people are getting fired.

In 2009, WAMU was about to go belly up and bring the financial house down and fdic “asked” JPM to acquire it.


11 posted on 02/25/2014 9:12:44 AM PST by staytrue
[ Post Reply | Private Reply | To 3 | View Replies ]


To: staytrue

RE: My guess is that as the WAMU (washington mutual) portfolio is wound down, these people are getting fired.

What about Bear Sterns, New York based global investment bank and securities trading and brokerage firm?

JP Morgan acquired them for r $10 per share, a price far below its pre-crisis 52-week high of $133.20 per share.


13 posted on 02/25/2014 9:25:47 AM PST by SeekAndFind
[ Post Reply | Private Reply | To 11 | View Replies ]

To: staytrue
'In 2009, WAMU was about to go belly up and bring the financial house down and fdic “asked” JPM to acquire it.'

That was in 2008. It is hard to keep up with the bailouts.

17 posted on 02/25/2014 10:32:12 AM PST by Theoria (End Socialism : No more GOP and Dem candidates)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson