Why JPMorgan Chase Did Not Purchase Ownership Of $615B Worth Of WaMu Loans In Three Simple Steps

Here is a simple “3-step Analysis” to show that “ownership” of at least $615,000,000,000.00 (over half a TRILLION Dollars!) of WaMu loans were not purchased by JPMorgan Chase from the FDIC. STEP 1: The U.S. Senate Sub-Committee (Levin – Coburn Report) reveals in its findings of fact that WaMu sold...