Pickers: Is anyone else fuming over the WAMU seizure? There is a growing group
of people interested in a class action law suit over the premature seizure of
WAMU. Personally I've lost 250k, my wife, my house, and any confidence in our
government, the financial system, and corporate America. Learn to hunt,
identify edible plants. Never again will I put money in this system. If you
are playing with real money you should be very pissed and alarmed. This can
happen with WB, (it won't because ot the political ties) and they can seize
anything at anytime. I'd rather make 0% and keep my money in a shoe box than
have to keep an eye on these absolute thieves. Below is a post from a another
site. Please spread the word.

There is most definitely a case against the FDIC/OTS/JPMorgan......

First....the withdrawn deposits alleged of $16.billion has not been substaniated
by the company at this point. It is a claim by the FDIC/OTS possibly to try and
justify their action. If in case this allegation is true it is reported that
these withdrawals were basically from those accounts over $100,000 within the CA
branches.This would have maybe justified a partial action by the FDIC to take
over the CA branches only not the entire 2200 branches of WaMu....Also waiting
one more business day would not have been catastrophic for a company that the
FDIC even admits was solvent and they felt only was having a liquidity problem
that the company has yet to make a comment on.

Secondly the withdrawals that were made were caused by the constant negative
media and reported actions by the FDIC/OTS in the last two weeks causing
unnecessary panic and fear to the public.

While WaMu was trying to arrange a sale through GS in an auction type arena...
The FDIC was conducting at the same time a "secret auction" that WaMu management
was not made aware of. This potentially caused damage to WaMu in not being able
to obtain a valid offer from any bidder in their auction through GS due to the
fact that these potential buyers were already involved simultaneously with the
secret FDIC auction and would therefore just wait so as to take WaMu's good
assets for pennies on the dollar.

And the FDIC made this wrongful and premature seizure/sale just one business day
before Congress could resolve the MRT Act in which everyone knew this would have
change the entire game for WaMu and placed it at a much higher worth after
ridding it's toxic assets to the new MRT entity....

This is not a coincidence the way this all worked out...It was a deliberate and
intentionaly collaboration to steal WaMu's assets from it's shareholders and
needs to be further investigated and prosecuted.

With a law firm not afraid to take on the govt...This will be a historical
case....I for one am laying my foundation to file my petition in the Federal
Courts in the State of MA where I live and serve the FDIC through their agent
for process in Braintree MA this week. I am awaiting to see if the company is
first planning to take action as I emailed WaMu over the weekend and am waiting
for their response.