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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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GET YOUR MONEY OUT OF WACHOVIA NOW
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Poster Handle
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Anonymous Coward |
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Post Content
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Chase purchased WaMu and would have regardless what the government did. NO ONE with money in WaMu lost any money.
As I understand it, the FDIC seized WaMu and brokered a deal fro J.P. Morgan/Chase to purchse it pennies on the dollar and WaMu shareholders were wiped out in the process. Was that not correct?
Quoting: Anonymous Coward 416652I don't know. Regardless, the deposits were not lost.
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