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Old 09-26-2008, 02:05 AM
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hambirg hambirg is offline
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Join Date: Mar 2005
Location: Pacific NW
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Quote:
Originally Posted by kolu View Post
We're F'd any way we look at it...tidal wave effect., starting with the bank crash I just posted on another thread.

But daggonit, to just write a blank check? No way!! I am so happy for those who have stepped up & stopped the initial negotiations! You all realize that 700 billion figure is more like 2 trillion when all is said & done, right?
Yep. . .and the thing is they are all going to go like dominoes. WaMu just went belly up. . .at least Chase took them over. . .it just keeps getting crazier and crazier!

ETA: On the news they said in the Asian markets right now WaMu is trading for $1.69. . .down from a high of about $36 earlier this year. I am sooooo glad I sold off my WaMu last year!
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