Washington Mutual Bank Run
JPMorgan Chase & Co., the third- biggest US bank by assets, agreed to acquire the deposits of Washington Mutual Inc. for .9 billion as the thrift was seized by regulators in the biggest bank failure in US history. The US government closed Seattle-based Washington Mutual amid customer withdrawals of .7 billion since Sept. 15, the Office of Thrift Supervision said in a statement. WaMu had ‘insufficient liquidity’ and was in an ‘unsound’ condition, the OTS said. www.dailypaul.com
Video Rating: 4 / 5
This video is a pictorial of the some players and events surrounding the seizure and sale of Washington Mutual or WaMu as it was called. What remains to date is one of the most secretive events of the GREAT FINANCIAL CRISIS. The FDIC OTS and SEC are to date still unwilling to release thousands of documents, emails, conversations related to the sale of the largest thrift in the United States history. The Corporate Main Stream Media will not pick up the story even though to this very day three Federal investigations are ongoing and a court battle of epic proportions is raging on. Why is this story not being heard?
Video Rating: 5 / 5
This is B.s the elites planned the hosing bubble. JP knew way in advance that Wamu would fail and this way and they were only to happy to swoop in and buy them off.
Trust the Fed…..
They love you and are working their asses off for your financial well-being.
Santa is is making a list and checking it twice too.
shhhh, go back to sleeeeep……
End the Fed.
No mob… just my personal opinion.
Care to elaborate? We have no idea what you mean.
I disagree with the violent mob mentality of the approach used here.
The credit union’s credit union failed last week. It was an enourmous bank that lent to millions of credit unions around the nation. We’ll see a lot of credit unions all over the nation starting to crater.
Oh yeah ending the Fed will solve our problems get real! Just what we need to destroy to whole banking system! Fuck off and stop taking joy in innocent people losing every thing because you hate the fed so much you don’t even see what they do! If you don’t want the fed don’t use money! other wise shut the fuck up and let them try to fix things!
Good choice! Everyone should take a look at the last few minutes of Zeitgeist addendum (the whole movie is terrific IMO). There are several tangible steps for withdrawing you support for the fed reserve system. Not doing business with BofA, JP Morgan Chase, or CitiBank (I believe) is very important since these are the primary power elites that are controlling our Nation today.
I took my money out. Thank you Freedom Force!
Yeah! You said it! 11.22.08 Nation-wide „END THE FED“ RALLY at every federal reserve bank and office in every major city. Send us a personal message for more details or if you want to join us in LA. We will document the event and post a video.
Heads up guys. Citibank could be next. Get your money out now!
JACKSONVILLE Florida…END THE FED! Join us Nov 22nd at the Federal Reserve Office Building at Noon on Waters Street. Exercise your right of free speech…while you still have it.
The 700 billion dollar bailout for the fattest fatkat banksters was DEFEATED today in Congress by a narrow margin! Your voice has been heard and the politicians are scared. Phase 2 will be to find out which members Congress voted in favor of it, and get them voted out! Call to thank the ones who voted against… (202) 224-3121 (Representative’s switchboard).
If not, there will be so many people up sh!t creek without a boat or a paddle. LOL
we will see.
we heading to the poor house!
The Fed is a Fraud. Chase and Morgan back up to the same crap they pulled in 1929. But stupid people will continue to defend the government’s blatent sodomy of us all.
Look at the MISANDRY @ 0:35!!! It’s so ‘funny’ when a Man gets a scalding hot pot of coffee dumped all over his face and body??? No wonder WaMu is gone! Good Riddance! Stop the Hate! End Misandry and Gender Discrimination NOW!
Your’e welcome!- Why is your comment marked as spam?
No, not in my opinion. Bank of America will be one of the last to go.
my bank uses diebold atm machines, and a bank president in my town was the rep. county chairperson.
bank of america…?
The Feds are a private bank and all they will do is call Blackwater on ya. lol
Taking bets on which bank will be next, any gamblers in the house? LOL
My local Keybank uses Diebold locks for their vault. I took all my silver out of my safety deposit box.
great !! 5 *****johny!… and the force be with you..hahaha hey Alti .. !!!! very good..very good ! daniel
greate video Johny.Keep spreading the truth Johny.We will prevailI will try to share it with my felows here..Nice job.