So this bubble that popped years ago, would you say that Dimon and crew were aware of WAMU's exposure to these loans when the went through the books back in March of 08 and offered to buy the whole thing for $8? Sounds to me that if what you say is true then Dimon must not be as bright as you think, to put all of the shareholder in jeopardy like that is foolish. Again you should thank KK for rejecting your offer.
Let's say Dimon was smart enought to be in the position to pick thru the bones of any aborted company who didnt have as smart a manager. By the way, besides KK there are other people who could have sold when it was $8. WAMU shareholders could have on the way down. And that's lesson 101 for Junior investors. Pick a manager who wont lose your money.