U.S. Judge Halts Washington Mutual Fraud Lawsuit

April 7, 2009

  • April 7, 2009 at 10:16 am
    Chas says:
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    These takeovers are just the Fed and their buddies stealing banks at fire sale prices. The shareholders are never going to get a fair shake when the big boys are eating the little boys.

  • April 7, 2009 at 4:30 am
    Smitty says:
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    They were both sold off & taken over in shotgun marriages with BoA but both of them have settled several class actions for 75 million, 140 million and 8 billion.

  • April 9, 2009 at 8:05 am
    Clyde Kenneth Clark says:
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    If the financial debacle which has transpired in the U.S. had happened in China we know what that government would have done: investigate, indict, try, find the incompetent, greedy fools guilty and sentence them to death. The death sentences would be irrevocable (no appeal) and would be quickly carried out.
    Here in the U.S. what happened? The assholes got fat bonuses (golden parachutes) and will be (or already are) once again employed at ridiculous wages, percs, bonuses, etc…..
    No ******** – ain’t America grand?

  • April 26, 2009 at 2:44 am
    Wayne D. Day says:
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    What about the shareholders that were left with nothing when the Feds sold the bank to chase. They don’t seem to care about the little people who stuck by WAMU and got burned. FDIC should pay the stock holders with the money they got for selling to Chase.



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