rawstory.com — he bankrupt, seized and 'under investigation' Washington Mutual bank, which saw some operations forcibly sold off to JPMorgan Chase in 2008, is suing the agency that guarantees your deposits ... And that agency is running low on funds.
Mar 21, 2009 View in Crawl 4
Closed AccountMar 21, 2009
judging a company's evil value based on personal opinion!? facepalm...
minossMar 23, 2009
FDIC bailout will be this year.
aletoledoMar 23, 2009
While you're making very rational arguments, what you're leaving out is the Federal Reserve. Our entire banking system is built upon a lie, one that says that there is fairness and reason built into our banking system, but there isn't. Suggesting that a few banks are operating rationally isn't really the case, they have there hands in different cookie jars and it just happens that it was this occasion that they didn't get caught. We simply don't have any true free market competition for banking, which is what you're suggesting exists.
karmashockMar 23, 2009
Yes, and they were fools to be give in. They thought the government was their friend... they let their guard down. In the world of billion dollar business, letting your guard down is a mortal sin... trusting ANYONE or ANYTHING is a mortal sin. You protect yourself... this is especially true of banking culture. If you don't protect yourself, you're a fool.
tehsagemasterMar 23, 2009
sounds like u have experience with the ex problems
scojacMar 23, 2009
What if they have a case? I don't exactly trust the government to seize assets and redistribute them according to ANY idea of justice.
kadoc707Mar 23, 2009
My experience with WaMu's always been good as well, great staff, excellent service, no hidden fees like they advertised. It was a very 'relaxing' bank, so to speak.
dinsdale77Mar 24, 2009
your creeping me (Lenny) out.
sw1ftMar 25, 2009
you're* ftfy.it's* ftfy.