JP Morgan Sure Is Racking Up Sweet Deals

Discussion in 'Wall St. News' started by ByLoSellHi, Sep 26, 2008.

  1. First, they bought Bear Stearns, with your tax dollars backstopping their risk.

    Now, they have the deposits of the largest thrift in the US (WaMu), thanks to the FDIC's very hands on intervention.

    It pays to know people in high places.
  2. Global wealth entities feed their pets frequently!
  3. MattF


    one company's junk is another's soon-to-be treasure...
  4. <i>"Mr. Fishman, who has been on the job for less than three weeks, is eligible for $11.6 million in cash severance and will get to keep his $7.5 million signing bonus, according to an analysis by James F. Reda and Associates. WaMu was not immediately available for comment."</i>

    Kudos to Alan Fishman for making a cool $20 Million in less than three weeks.