British Hedgefund Buys $500 million in WaMu Stock…Not Really

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British Hedgefund Buys $500 million in WaMu Stock…Not Really

This spiked the share price for 15 minutes and everyone who chased the stock up were red by the end of the day. This ‘news’ means absolutely nothing. WaMu does not get one penny. Toscafund is already in WaMu. ...

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