More fuel for the seizure fire

Adding more fuel to the question about whether WaMu was seized improperly by the FDIC and then sold to Chase, JP Morgan Chasse may have written down WaMu assets by $29 billion too much. If it wasn’t as bad as they thought, should WaMu have been siezed, causing all this transitionary turmoil for WaMu customers? (articlearticle, and article)

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