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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (150493)9/25/2008 7:16:31 PM
From: MulhollandDriveRead Replies (3) | Respond to of 306849
 
they were over the cliff weeks ago...

nobody should read anything positive in this

FDIC held off in the hope of a taxpayer bailout (read they are running out of cash with more bank failures on the way) , and now that bailout is in question....

could JPM end up holding the bag?



To: Jim McMannis who wrote (150493)9/25/2008 9:44:35 PM
From: bentwayRespond to of 306849
 
I think Bush called up the FDIC and told 'em to close out WAMU early instead of the usual Friday after market close to pressure congress. Heh heh heh!