Bail Out Bail Out…

I was talking to some friends during a radio taping the other day and the conversation turned to the recent bail out bill of 700 billion dollars plus. I told them that this was just the beginning and the strategy is to lay the groundwork for more bailouts.
The 25 billion dollar bailout of the big [...]

Financial Insights Into The Current State Of The U.S. Economy

Here is an article from the FDIC website:
Acquisition of Washington Mutual Bank
September 25, 2008
Banking operations of Washington Mutual, Inc were sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the FDIC. All deposit accounts and all loans have been transferred to JPMorgan Chase Bank.  

 JP Morgan Acquires All Qualified Financial Contracts [...]

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