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["Lynda" <lurine AT softcom.net>]

O.K., JP bought WaMu.  BofA bought whomever.  The feds bailed out 
Freddy/Fanny.  Seems to me that so far, the major stuff, other than AIG, 
have been taken care of by natural process.  What is the $700 gazillion 
needed to bailout?

Lynda
----- Original Message ----- 
From: "Lisa K.V. Perry" <lisakvperry AT gmail.com>


> On Thu, Sep 25, 2008 at 9:26 PM, Don Bowen <don.bowen AT earthlink.net> 
> wrote:
>
> > JPMorgan to Buy WaMu Operations
> >
> > http://calculatedrisk.blogspot.com/2008/09/jpmorgan-to-buy-wamu-operations.h
> > tml<http://calculatedrisk.blogspot.com/2008/09/jpmorgan-to-buy-wamu-operations.html>
> >
> > That makes 13 for the year and the biggest.
> >
> > And it is not even Friday yet.
> >
> > More will fail.
>
>
> We have a new acquaintance friend who moved back to her native Floyd after
> living in NYC for several years. She telecommutes and is a Regulator for
> Ernst & Young in NYC. She told me (when I bumped into her at a local
> festival last Saturday) that WaMu would probably file bk this week. Glad 
> it
> didn't come to that, but still, how many employees lost jobs today? WaMu 
> is
> or was a very large company. She said that 55k people lost jobs last 
> week -
> all in an industry and city that is probably not hiring to say the least.
>
> Anyone read or heard anything about expecting the other shoe to drop 
> around
> 10/7 or 10/13?
>
> Lisa
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