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WaMu folds

Discussion in 'Sports and News' started by Bubbler, Sep 25, 2008.

  1. Bubbler

    Bubbler Active Member

    Sorry if this is a D_B, but I just read on the AP that Washington Mutual folded.
     
  2. Freelance Hack

    Freelance Hack Active Member

    So how far does the Dow dip tomorrow? 200? 300?
     
  3. Bubbler

    Bubbler Active Member

    Great Depression II: Electric Boogaloo!
     
  4. KevinmH9

    KevinmH9 Active Member

    A couple hundred, for sure.
     
  5. Angola!

    Angola! Guest

    Yeah, I was just reading a story on Yahoo! about the GOP revolting over the bailout package. I didn't understand a lot of it, but it included that WaMu folded.


    http://news.yahoo.com/s/ap/20080926/ap_on_bi_ge/financial_meltdown
     
  6. Clever username

    Clever username Active Member

    But they have free checking accounts!
     
  7. newgrad2008

    newgrad2008 New Member

    For personal reasons, I hope it doesn't happen, but I can see the Dow dropping 600 or 700 tomorrow between WaMu folding and this bailout stall crap.
     
  8. Angola!

    Angola! Guest

    Here's the WaMu folding story:


    http://news.yahoo.com/s/nm/20080926/ts_nm/us_washingtonmutual_jpmorgan_news
     
  9. shockey

    shockey Active Member

    cool. does this mean i don't have to make any more mortgage payments? ??? ???
     
  10. mike311gd

    mike311gd Active Member

    Do I still owe them money?
     
  11. Steak Snabler

    Steak Snabler Well-Known Member

    Woo hoo! Does this mean my credit-card debt with WaMu is hereby canceled?
     
  12. Clever username

    Clever username Active Member

    Nope, yup and nope. You just owe somebody else now.
     
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