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WaMu folds

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

Page 1 of 4
  1. Bubbler

    Bubbler Well-Known Member

    Sorry if this is a D_B, but I just read on the AP that Washington Mutual folded.
     
    Bubbler, Sep 25, 2008
    #1
  2. Freelance Hack

    Freelance Hack Active Member

    So how far does the Dow dip tomorrow? 200? 300?
     
    Freelance Hack, Sep 25, 2008
    #2
  3. Bubbler

    Bubbler Well-Known Member

    Great Depression II: Electric Boogaloo!
     
    Bubbler, Sep 25, 2008
    #3
  4. KevinmH9

    KevinmH9 Active Member

    A couple hundred, for sure.
     
    KevinmH9, Sep 25, 2008
    #4
  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
     
    Angola!, Sep 25, 2008
    #5
  6. Clever username

    Clever username Active Member

    But they have free checking accounts!
     
    Clever username, Sep 25, 2008
    #6
  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.
     
    newgrad2008, Sep 25, 2008
    #7
  8. Angola!

    Angola! Guest

    Here's the WaMu folding story:


    http://news.yahoo.com/s/nm/20080926/ts_nm/us_washingtonmutual_jpmorgan_news
     
    Angola!, Sep 25, 2008
    #8
  9. shockey

    shockey Active Member

    cool. does this mean i don't have to make any more mortgage payments? ??? ???
     
    shockey, Sep 25, 2008
    #9
  10. mike311gd

    mike311gd Active Member

    Do I still owe them money?
     
    mike311gd, Sep 25, 2008
    #10
  11. Steak Snabler

    Steak Snabler Well-Known Member

    Woo hoo! Does this mean my credit-card debt with WaMu is hereby canceled?
     
    Steak Snabler, Sep 25, 2008
    #11
  12. Clever username

    Clever username Active Member

    Nope, yup and nope. You just owe somebody else now.
     
    Clever username, Sep 25, 2008
    #12
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