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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (8721)	9/26/2008 3:51:28 PM
From: Galirayo	Read Replies (1) \| Respond to of 41418

In the interim JPM controls the compensating balances of WM .. they're in the catbird seat now .. and may be watching old reruns of .. Let's Make a Deal .. ;) They may have looked at a 50% return on the arms and helocs as just a component of a "Blended Rate" when combined with the Prime loans. Who knows ?? But Dimon <sp> is looking like a Corp Raider or a Saint at the moment. No FDIC involvement. The Take Over of WM is accretive in 2009 based on current guesses. They had no Value Added for Goodwill in the purch price to be accretive that quickly .. Bear .. LEH .. WM .. Would you care to guess what's behind Curtain # 4 ?? I can't believe the mkt didn't hit Fresh New Lows with the Largest Bank Failure in history logged in the history books today.