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

 
Current Assets
Cash And Cash Equivalents 9,543,000    

 
Short Term Investments 2,750,000  

 

    
Net Receivables 7,116,000    

Other Banks Owe Them
Inventory      
Other Current Assets      
Long Term Investments 268,905,000    

Bad Loans
Property Plant and Equipment 4,056,000   

Worth 10 cents on the dollar
Goodwill 7,284,000    

Worth zero
Intangible Assets 320,000     
Other Assets 9,757,000   

Their actual bank buildings - near worthless
 

 

 

 

 

 

 

 
   

Abe Killinger Was The Front Man

The wonder boy is a 58 year old from Des Moines.

 

 

 

 

 

   

What Does A Bank Do?

It's main function is to lend money to businesses and individual.
   

 

 

 

 

 

 

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.
   

 

 

 

 

 

Want To Bet Where The Bad Loans Are?

Did Washington Mutual buy $100 billion of second tier loans from Abbie Guzman?
   

 

 

 

 

 

 

 

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. 6
   

 

 

 

 

 

 

 

What About The Bailout?

The main point there is to stop bank runs.

   
   
   

 
 

 

 

 

 

 

 

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.

 
 

 

 

Judicial Index