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….
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….
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.
HSBC is shedding jobs all over the place.
Who wants to bet it is down by the end of next month?