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The most famous mole in the decade - Rotella this buds for you! | |
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From: koi <takamiyada...@gmail.com>
Date: Wed, 1 Jul 2009 22:18:21 -0700 (PDT)
Local: Thurs, Jul 2 2009 1:18 am
Subject: The most famous mole in the decade - Rotella this buds for you!
So.. as we have all been told over and over again "Washington Mutual's
toxic mortgages were the reason it had liquidity problems" Okay.. so we may not agree with the statement above..however lets run
http://www.bizjournals.com/atlanta/stori...
http://seattletimes.nwsource.com/html/bu...
In the link above (2nd one) he actually completely diverts the
"Asked about his role in the mortgage problems that brought WaMu down,
So we (JPMC) were able to acquire WMB for the low 1.89 Billion the
Link belos is David Schneider's offer letter by WMB in 2005.
Wait... did you notice Steve Rotella signed his offer letter. Isn't
So... I find it interesting that Rotella COO for WMB was the person
Rotella was closely linked to Schneider's hiring... Here’s what the
“David Schneider has a proven track record of success in leading and
Ummm Rotella... you want to reword that?
And here is a link that 'hints' at the irony of Rotella going from JPM
"Ironically, Mr. Rotella had run J.P. Morgan's mortgage business
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From: koi <takamiyada...@gmail.com>
Date: Thu, 2 Jul 2009 06:45:19 -0700 (PDT)
Local: Thurs, Jul 2 2009 9:45 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
To follow up on that point.. for those of you who are not aware... all
of them came from JPM! Taj Bindra:
John Berens:
Youyi Chen: Youyi Chen, Ph.D., leaded the Mortgage Portfolio
Bill Murray: Bill Murray, a mortgage business veteran, will become
"We're very pleased to have recruited such fine talent to our Home
You don't say Rotella is speaking on the hires. And he knows them very
They had a five year plan in place.... seems like they accomplished
Another name to keep in mind is Dale L. George.
George was fired.....
Interesting... I wonder if he was fired by an ex-JPM employee!
On Jul 1, 10:18 pm, koi <takamiyada...@gmail.com> wrote:
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From: Rob <rdfle...@gmail.com>
Date: Thu, 2 Jul 2009 08:03:15 -0700 (PDT)
Local: Thurs, Jul 2 2009 11:03 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
is it just me or can anyone else not see ANY information in any of the
sites? On Jul 2, 9:45 am, koi <takamiyada...@gmail.com> wrote:
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From: koi <takamiyada...@gmail.com>
Date: Thu, 2 Jul 2009 08:15:19 -0700 (PDT)
Local: Thurs, Jul 2 2009 11:15 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
Please link to the Yahoo Board for more information and links
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/thread...
On Jul 2, 8:03 am, Rob <rdfle...@gmail.com> wrote:
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From: koi <takamiyada...@gmail.com>
Date: Thu, 2 Jul 2009 08:15:38 -0700 (PDT)
Local: Thurs, Jul 2 2009 11:15 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
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From: koi <takamiyada...@gmail.com>
Date: Thu, 2 Jul 2009 08:19:48 -0700 (PDT)
Local: Thurs, Jul 2 2009 11:19 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
Here is the re-post for above information links :
Former WaMu executive named to JPMorgan Chase post
WaMu's home-loans chief says he's focused on retail now
Link belows is David Schneider's offer letter by WMB in 2005
JP Morgan Axes WaMu's Top Execs
On Jul 2, 8:03 am, Rob <rdfle...@gmail.com> wrote:
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From: Rob <rdfle...@gmail.com>
Date: Thu, 2 Jul 2009 10:12:19 -0700 (PDT)
Local: Thurs, Jul 2 2009 1:12 pm
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
Typical information from the past, nothing new. Thanks koi for the
(old) information. On Jul 2, 11:19 am, koi <takamiyada...@gmail.com> wrote:
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From: koi <takamiyada...@gmail.com>
Date: Thu, 2 Jul 2009 15:52:01 -0700 (PDT)
Local: Thurs, Jul 2 2009 6:52 pm
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
Alan Fishman got paid over $18 million dollars for three weeks of
work. humm… since he failed to do his job as a CEO to secure the company... should he be compensated $18 millions? Oh and Stephen Rotella (President and COO) is getting his $12 million
On Jul 1, 10:18 pm, koi <takamiyada...@gmail.com> wrote:
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From: koi <takamiyada...@gmail.com>
Date: Thu, 2 Jul 2009 15:55:50 -0700 (PDT)
Local: Thurs, Jul 2 2009 6:55 pm
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
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From: koi <takamiyada...@gmail.com>
Date: Thu, 2 Jul 2009 21:29:57 -0700 (PDT)
Local: Fri, Jul 3 2009 12:29 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
Dimon ... So, Bernard Madoff has been sentenced to life plus a century
and a quarter in federal prison for destroying the lives of thousands -- tens of thousands, hundreds of thousands -- of innocent men and women. That's a good thing, and I think we can assume that he won't enjoy his prison time a great deal. Many friends of mine from the Nixon days went to prison, and I can tell you that none of them enjoyed it much (although former Nixon aide Chuck Colson did start a prison fellowship that has done great work). But now that Madoff is in prison for good, many questions remain: 1. We now have reports that 10 others could be arrested in connection
Let's see some real resources devoted to getting this case going. It
2. By the same token, the investment advisors who guided billions into
The idea that Madoff could have generated great returns in every kind
These people bear serious investigation and punishment.
3. It is quite literally inconceivable that Madoff's wife and family
4. This is by far the most important part: The SEC is supposed to be
It gets a lot worse. A man named Harry Markopoulis repeatedly warned
Now, when do the people who ignored these vital communications go on
What excuse do the regulators have? Why are they not being tried for
And now we come to the most important part (and pardon me for shifting
I don't, and I am extremely frightened to think that the same people
Think about it. Is this what you want?
On Jul 2, 3:55 pm, koi <takamiyada...@gmail.com> wrote:
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From: koi <takamiyada...@gmail.com>
Date: Fri, 3 Jul 2009 08:11:47 -0700 (PDT)
Local: Fri, Jul 3 2009 11:11 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
Interesting TWO MORE WAMUers that BECAME JPMers
Donna Miller joined JPM from WAMU (AUGUST 28,2009)
So the plant is dying because of the gardner...and JPM goes and hires
--------------------------------------------------
RISMEDIA, August 28, 2008-Chase, one of the nation’s leading home
According to the company, Miller is responsible for developing
“At Chase, we’re committed to helping people achieve and sustain their
Miller has more than 20 years experience in the financial services
Another WAMUer gone JPM!
Washington Mutual spokesman Gary Kishner
Hired in 2005 by WMI
No notice of his name anywhere in relation to being hired by JPM!
Now...
http://www.istockanalyst.com/article/vie...
From the Istockanalyst website... the following quote was taken from
""Since there are so many(in reference to branches), they can't make
Ha... "since there are so many, they cant make signs fast enough". I
1. Thank you for pointing out that there are so many branches... 1.9
2. "can't make signs fast enough"?
Just another transition from WAMU to JPM.
On Jul 2, 9:29 pm, koi <takamiyada...@gmail.com> wrote:
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From: koi <takamiyada...@gmail.com>
Date: Fri, 3 Jul 2009 08:15:03 -0700 (PDT)
Local: Fri, Jul 3 2009 11:15 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
http://seattletimes.nwsource.com/html/businesstechnology/2008347265_w...
WaMu's No. 2 faulted by some for wrong priorities Washington Mutual's public face was Chairman Kerry Killinger, but some former insiders say President Stephen Rotella shares the blame for the company's demise. By Melissa Allison
Seattle Times business reporter
PREV of NEXT
STEVE RINGMAN / THE SEATTLE TIMES
Stephen Rotella, until last month Washington Mutual's president and
Archive | WaMu execs Fishman, Rotella are out; JPMorgan will honor
Job: Former WaMu president and chief operating officer.
Pay: $3.9 million in 2007.
Background: Before coming to WaMu in 2005, Rotella was head of Chase
The board ousted him two weeks before the government seized WaMu on
Yet to hear several high-level former WaMu executives tell it, Stephen
They say Rotella, until last month WaMu's president and chief
"When some of us would say, 'Stop the focus on mortgage lending,' he'd
Others say Rotella is unfairly blamed because he knocked heads and
"He was a real manager, and so much tougher than people who had been
WaMu had always been "fair, caring and human," said a current
Killinger and Rotella declined to comment for this story.
Most of the former executives critical of Rotella were at the Seattle-
WaMu already had problems when Rotella was hired. Although it was boom
Rotella was brought in to fix those problems. Killinger gave up the
Under Rotella, supporters say, WaMu deliberately pulled back on
Its market share in both categories fell every year Rotella was there,
Still, Rotella's critics say he was more interested in sales than
At the end of 2007, more than 56 percent of WaMu's loan portfolio
When Rotella arrived after leading JPMorgan's residential-lending
Even then, people in its credit-risk department, which controls how
They had just begun to overhaul that area, adding more controls to the
According to yet another longtime executive, Rotella became involved
More than once, Rotella pressured credit officers to reverse their
While Rotella pushed for sales, former executives said, the credit-
WaMu had five chief credit officers during the less than four years
Insiders who cautioned that WaMu needed to pay more attention to risk
According to another former executive, Rotella hassled the bank's
"Most presidents say thanks for bringing this to my attention, we're
With Rotella, "these people had to have a very thick skin. He would
There is a natural tension between sales and credit risk at a bank and
He wasn't one of the former executives who spoke anonymously and does
"Rotella's background was as a salesperson, and he had a built-in bias
He said he warned executives and the board that the industry's lending
"The whole market accepted 'stated income,' and there were quips about
Several former executives say they told Killinger about their issues
When Killinger heard criticism about his No. 2, "it was always,
Killinger appeared to trust Rotella to oversee WaMu's daily operations
People who place more blame on Rotella acknowledge that he reported to
"He should have stepped in and said, 'stop,' but he didn't," said one
On Jul 2, 9:29 pm, koi <takamiyada...@gmail.com> wrote:
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From: koi <takamiyada...@gmail.com>
Date: Fri, 3 Jul 2009 08:35:20 -0700 (PDT)
Local: Fri, Jul 3 2009 11:35 am
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
JPM / FDIC Blame WaMu for been down by their own management ..." WaWho
was let down by their own management group " . Now ,if the discovery find out JPM mole (or several) planted at WAMU. Dimon will be 10 x Bigger than Medoff Fraud On Jul 1, 10:18 pm, koi <takamiyada...@gmail.com> wrote:
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From: gate <gate6...@yahoo.com>
Date: Fri, 3 Jul 2009 10:53:29 -0700 (PDT)
Local: Fri, Jul 3 2009 1:53 pm
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
super great homework.. wow sh#t i did not even know that JPM was that
bad ......WAMU inc. is going to really have a huge grand opening soon..... On Jul 3, 8:35 am, koi <takamiyada...@gmail.com> wrote: You must Sign in before you can post messages.
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From: tatepc <tat...@gmail.com>
Date: Fri, 3 Jul 2009 16:29:51 -0700 (PDT)
Local: Fri, Jul 3 2009 7:29 pm
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
sorry to bring the idea up... but look at aig with their 20:1 split.
if wamu comes back, what's to prevent them from doing the same thing?
Its almost as if companies do this to prevent a massive selloff from
purchased at sub penny prices.
any thoughts?
On Jul 3, 12:53 pm, gate <gate6...@yahoo.com> wrote:
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From: BigT <shoremast...@gmail.com>
Date: Fri, 3 Jul 2009 16:44:38 -0700 (PDT)
Local: Fri, Jul 3 2009 7:44 pm
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
Taka, what have you been doing, I thought I had too much time on my
hands, Old News New News, and news not even news yet, I have to appreciate the EFFORT!!! Everyone else should recognize a genuine effort to make a difference, to help calm the fears of the folks on here who have their mothers life savings tied up in 1100 post siezure shares at an avg 0.0375. you have done well. keep it up. Can you smellllllllllllllllllllll what the rock is cookin. Somethings cookin, and your the first one to get close. Tws, gently handed the batton, and your the anchor man. Run Forest Run!! lol Fair winds following seas. Oh and God loves ya!! On Jul 3, 1:53 pm, gate <gate6...@yahoo.com> wrote:
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From: koi <takamiyada...@gmail.com>
Date: Fri, 3 Jul 2009 17:26:17 -0700 (PDT)
Local: Fri, Jul 3 2009 8:26 pm
Subject: Re: The most famous mole in the decade - Rotella this buds for you!
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