Hmm, so that’s the second bank that I have a relationship with that’s gone bust/been bought out in a distress sale.
Might be worth keeping an eye upon Rabobank, Santander, HSBC….
WaMu goes bust
September 26th, 2008 · 2 Comments
Tags: The Blogger Himself
2 responses so far ↓
1 gene berman // Sep 27, 2008 at 2:22 am
WaMu had a reputation as “generous” in dealing with lower-level borrowers with lesser credit rating, etc.
Their TV commercials depicted old, presumably stodgy white (men) bankers being ridiculed by young, hip, black, “cool” dudes and women. Schadenfreude may reign in some quarters.
2 So Much For Subtlety // Sep 27, 2008 at 6:21 am
HSBC is shedding jobs all over the place.
Who wants to bet it is down by the end of next month?
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