FDIC Sheila Bair said Seizure on Thursday ( usually on Friday ) was due to Media Leakage. Was she trying to blame the Media News that she paid for ?????
I thought it was because the bank was in an unsafe and unsound position? I don't know where in the FDIC charter it says anything about media leaks?? HMMMMM!!!
The original reason she gave was a media leak, later on she changed her tune, but there is no backing up when several newspapers quoted you
Bair lied, plain and simple
She is doing damage control...and there is plenty of damage to be controlled
The bank was in an unsafe and unsound -- That's CHASE BANK !
bank was in an unsafe and unsound position? with 25 Billion cash to weather the stom through 2011 ?
Leakage? IT WAS A SETUP!
See wamuqd's proof!
YouTube - WaMu Seizure Leaked to CNBC
http://www.youtube.com/watch?v=7ojK_9pKpKs
Thanks, qd!
HA !!!!!!!!!!!!!!!! BINGO !!!!!!!
Bair will lose her job soon! She thinks that she is doing Gos's Job - for God sake!
Bair lied, plain and simple..........2nd that!
it is interesting indeed!
CORRUPTION !