Great assessment of what sparked the pre-existing powder keg - that was created by some of the recipients of the fall-out - but what proof do you have that hedge funds had anything to do with it??? There are sovereign wealth funds, offshore interests, competitor banks/Investment houses, etc that all could have participated in this scheme. I think to arbitrarily attribute it to Hedge funds discredits the piece, not to mention that had there not been the associated greed of Bear Sterns et al and lack of accountability in packaging trillions of dollars of sub - prime, junk mortgages in highly leveraged derivitives and dumping them on the world, the sharks would never have had the opportunity in the first place. Sharks are necessary to clean the oceans of the fat, lazy and weak.
Blame the SEC, congress, the fed... whoever helped allow the derelict tinder box to have ever gotten to where it did, but don't blame the market for the lightening bolt...

Very, very alarming stuff. It really sickens me that our small church struggles without a Sunday schoolhouse for our rapidly-expanding youth services programs, but these crooks can pull a few fast ones and walk off with their billions. Love of money really is the root of all evil, isn't it?

Have you thought about organizing a tea party in East Tennessee? They are a big success all around the country and you have the media to promote it.

Well, this isn't surprising. Amazing how we all met out of Wikipedia travails, no? Seems to be no coincidence at all...

Judd: please post this on youtube as well. Vimeo doesn't really work for me. It always stop around 50 or 60% and I can't watch the end. Besides, you will have more of an audience on youtube.

The specialist for the stock probably had his hands in it too.

bearfactsspecialistreport.com/

I hope these people at least paid taxes on the capital gains.

Wamu TRUTH...Please Help...Wamu TRUTH...

READ THESE COURT DOCUMENTS!

JPMorgan admits that the FDIC took over a solvent bank in one of the latest court documents...

Please, take some time and read these documents. They are a bit long but well worth the read. Don't you wonder why the main stream media doesn't mention the suppose "failure" of the largest financial institution in America? Wamu was a 100+ year old company.....Here is a link to all documents filed through the BK Court;

kccllc.net/wamu



Jamie Dimon planted "moles" in Wamu??? JPMorgan committed corporate fraud???

kccllc.net/documents/0812229/0812229090501000000000002.pdf


Wamu's claims against JPMorgan/Chase;

wmish.com/doc/gov/0603/JPM_V_WMI_-_ANSWER.PDF




wamustory.com/
wamuqd.com/
wamu-shareholders-resources.com/wamued.html
wamuequity.org/history.html