Home > Uncategorized > Paulson Playing Favorites? JPMorgan Drooled Over WaMu

Paulson Playing Favorites? JPMorgan Drooled Over WaMu


The failure of Washington Mutual was an opportunity for JPMorgan Chase CEO Jamie Dimon, who long held a desire to buy the bank, the Seattle Times reports, and saw its large West Coast presence as particularly attractive. Now Dimon, who incorporated Bear Stearns earlier this year, has used the credit crisis to build the largest bank in the US.

JPMorgan Chief Had Long Drooled Over WaMu

While a lot of people were getting support, Paulson allowed Lehman to go under!

I wonder why?

Was he making it easier for his ex-employer Goldman? Is he helping out the JP Morgan – with WaMu and Bear Stearns?

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