WaMu goes bust

Hmm, so that\’s the second bank that I have a relationship with that\’s gone bust/been bought out in a distress sale.

Might be worth keeping an eye upon Rabobank, Santander, HSBC….

2 thoughts on “WaMu goes bust”

  1. WaMu had a reputation as “generous” in dealing with lower-level borrowers with lesser credit rating, etc.

    Their TV commercials depicted old, presumably stodgy white (men) bankers being ridiculed by young, hip, black, “cool” dudes and women. Schadenfreude may reign in some quarters.

Leave a Reply

Your email address will not be published. Required fields are marked *