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I can't help but thinking

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I can't help but thinking
Bill in NC Offline
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#1
09-26-2008, 11:57 AM
that if the WAMU implosion had happened a year ago it would be in 48 point type on every paper and website.

But today the largest U.S. bank (ok, thrift) failure is only mentioned in passing.

After all, what's $2 billion (and $30 billion in immediate writeoffs) compared to $700 billion (or more?)

Anyone else curious about what the Feds had to promise J.P. Morgan to get them to take this stinker?
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Messages In This Thread
I can't help but thinking - by Bill in NC - 09-26-2008, 11:57 AM
Re: I can't help but thinking - by mikeylikesit - 09-26-2008, 12:35 PM
Re: I can't help but thinking - by mikeylikesit - 09-26-2008, 12:40 PM
Re: I can't help but thinking - by Seacrest - 09-26-2008, 01:15 PM
Re: I can't help but thinking - by guitarist - 09-26-2008, 04:07 PM
Re: I can't help but thinking - by mikeylikesit - 09-26-2008, 04:21 PM

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