In a comment to an earlier post I was sent the link to JP Morgan Chase’s Investor Presentation regarding their purchase of WaMu. This was courtesy of Bob Wilson,a man I respect for his many thoughtful comments. I highly recommend reading it by clicking here,but in the mean time –some of the [...]
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I posted the following back in July and with WaMu going down it seems like a good time to bring it back to the top. If there is any confusion as to who is going down and why,make a point of clicking the link on the “accounting debacle”. It goes to a post from [...] The bailout fails AND WAMU finally gives up the ghost. It is going to be an interesting Friday! (This post was first published here.) And the beat goes on…but sometimes it helps to have that little bouncing ball show us exactly what lyric we are singing this week. All together now: Today the Fed suprised no one by opening the discount window to ailing siblings:Fannie Mae and Freddie Mac. Together they hold more than half of all [...] | |||
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