WaMu folds

I'd nail em both.

 

Wait a minute, you are telling me the jackals from WaMu, the ones we discussed here:
http://www.sportsjournalists.com/forum/threads/53743/

failed?

You mean the company with the board of directors who wanted to exclude costs related to mortgage defaults and real estate foreclosures when determining executive compensation for 2008, *they* failed?

Ahhh, that is really too bad.

 

Life's a beeyatch, you know?

 

I wish the WAMU annual meeting was next week; they'd need the Marines to stop investors from sending the place up in flames.




NEW YORK (CNNMoney.com) -- Washington Mutual Chief Executive Alan Fishman could walk away with more than $18 million in salary, bonuses and severance after less than three weeks on the job, according to the terms of his employment agreement.

 

Would not the government taking over void the employment agreement?

 

Not a government takeover.

 

From the pen of one Mojo Nixon:

I hate banks...
I just can't stand 'em.
Gimme a shovel & man I'll plant 'em.
Six feet under thats where they belong...
I hate banks is the name of this song.
I think I'll rob myself one or two...
Yeah I hate banks, yeah, how 'bout you?

Well...lend me a nickel & lend me a dime,
repossess my house any old time.
Financial institutions think they're so high faluting...
Just a bunch of fruits in three piece suits,
trying to steal all my loot.
Things are smelling pretty rank,
We must be near a stinking bank.
Smells worse than Rockefellars feet,
Wall Street can eat my meat.

Yeah throw the moneylenders out of the temple;
I hate banks its just that simple.
Royal Crown Palm Ade Tin,
is a the best thing to keep your money in.
Mason jar is okay too,
if you see a bank well you know what to do.

Now, lemme tell you people something...
The only banks I like, well, I like Ernie Banks alright.
And I like the banks of the Mississippi River...
Yeah, and I like banks of fender twin reverb...
Electric guitar amplifiers behind me, raging on the stages...

Well,when I walk in they treat me like a dog;
want to hit them in the head with a doo-doo log.
Republicans, one and all...
Their talleywhackers are mighty small.
Stealing from the poor gonna give to the rich...
Wanna make the bank president twitch in a ditch.

Yeah, see that teller with the blue hair,
giving me the evil-eye stare.
Won't cash my check don't like my ID...
got the security guard after me.
If I was E. F. Sloane,
I'd say the Dow Jones can suck my bone.
Yeah.

Everybody say the three magic words!
I want you to help me say the words!
I want you to repeat after me!
I HATE BANKS!
Can't stand 'em!
I HATE BANKS!
Don't Like 'em!
I HATE BANKS!
Bunch of Foo-Foo's!
I HATE BANKS!
Contrary like a big zit!

I hate banks...
I just can't stand 'em.
Gimme a shovel & man I'll plant 'em.
Six feet under thats where they belong...
I hate banks is the name of this song.
I think I'll rob myself one or two...
Yeah I hate banks, yeah, how 'bout you?

Now lemme tell you something...
I'm not real fond of the PHONE COMPANY either!
You know?
Yeah, and I don't like the cable TV company.
You know why I don't like the cable TV company?
Cause they just be sucking that stuff right out the sky!
THEY don't have to pay nuttin for it!
I just get me one of them bootleg cable boxes,
and get me one of them climb the pole and stick the thing in...
I ain't gonna pay for it!
NOOOOO!!!!"