Jp Morgan

traderpro · Sep 25, 2008

Conf tonight at 9pm. Why it's being held i have no idea they have not been in any rumors....

dhpar · Sep 25, 2008

WaMu? Just guessing....

traderpro · Sep 25, 2008

Yes buying wamu deposits

cuz69 · Sep 25, 2008

Quote from traderpro:

Yes buying wamu deposits

Yup buying WAMU!

itcanbedone · Sep 25, 2008

what are WM deposits worth?!?

sobemark · Sep 25, 2008

Quote from itcanbedone:

what are WM deposits worth?!?

the govt brokered the deal ... most likely WM is going under ..and JPM is taking over the deposits so the FDIC fund isn't effected ..

dhpar · Sep 25, 2008

strange. why not a takeover? let's see what the deal is...

dhpar · Sep 25, 2008

Quote from sobemark:

the govt brokered the deal ... most likely WM is going under ..and JPM is taking over the deposits so the FDIC fund isn't effected ..

that does not make much sense - they would go cheap at the beginning of this week...

cszulc · Sep 25, 2008

http://www.reuters.com/article/newsOne/idUSTRE48O9RT20080925

sobemark · Sep 25, 2008

Quote from dhpar:

that does not make much sense - they would go cheap at the beginning of this week...

FDIC taking over WM ..per CNBC Faber