Bush
Says We Must Bail Out Washington Mutual Bank
The
Nations Largest Bank Collapses
The
Total Stock Value Of Washington Mutual
The
stock investors lost $78.9 billion
The
Assets Went From $327 Billion To Probably $100 Billion
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Current Assets |
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Cash And Cash Equivalents |
9,543,000 |
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Short Term Investments |
2,750,000 |
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Net Receivables |
7,116,000 |
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Other Banks Owe Them
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Inventory |
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Other Current Assets |
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Long Term Investments |
268,905,000 |
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Bad Loans
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Property Plant and Equipment |
4,056,000 |
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Worth 10 cents on the
dollar
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Goodwill |
7,284,000 |
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Worth zero
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Intangible Assets |
320,000 |
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Other Assets |
9,757,000 |
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Their actual bank
buildings - near worthless
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Abe Killinger Was The
Front Man
The wonder boy is a 58 year
old from Des Moines.
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What Does A Bank Do?
It's main function is to
lend money to businesses and individual.
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Where Is The Problem?
You need to examine the
loans. For the last 5 yrs employment has been at 5.2%, so that means
business is good and individuals aren't defaulting.
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Want To Bet Where The
Bad Loans Are?
Did Washington Mutual buy
$100 billion of second tier loans from Abbie Guzman?
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Where Did The Money Go?
Mr And Mrs Johansson put
$100,000 in the Washington Mutual Bank, and they in turn lent it
out.
Lets say it was a 1000 gold
coins, instead of a blip on a computer screen. The Johanssons
deposited their coins with Jack Bernstein, and he lent the money to
First Tree Real Estate Trust. Well First Tree declared bankruptcy.
Did the gold coins vanish?
This is a simple
transaction where someone loses and someone wins. Abe Felder, who
owns First Tree, has the 1000 gold coins, and the Johansson's got a
deposit receipt from a bankrupt bank.
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What About The Bailout?
The main point there is to
stop bank runs.
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No One Has Any
Idea OF The Swindle's Complexity
You have to factor in the
investments of a worldwide network of Zionist bankers. Just what did
this bank do? Did Washington Mutual buy into a derivative fund in
Antwerp, or the Leibstein Real Estate Trust, or the futures market?
When you let Zionists run a
banking system you might as well stick a gun to your head. There was a
reason these creatures have been run out of every country in Russian and
Europe.
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