2008-09-17 — ft.com
The queue to get into Washington Mutual's large Santa Monica branch on Wilshire Boulevard started forming half an hour before the bank opened yesterday, writes Matthew Garrahan in Los Angeles. The anxious faces of those in the line highlighted the uncertainty now surrounding its future.
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mortgagemess at 07:25 2008-09-18 said:
I expect to see more money in the matresses as time goes by for a while...with Wamu placing itself on the auction block..chances of finding a company to take it is slim..like any good vultures..you wait till the meat you want it dead, can't fight back then you pick and choose the parts you want..this will be WAMU's fate as it was Lemans with Barclays coming in and chosing the best for the least amount...IF you are over that FDIC limit..I suggest RUNNING not walking to the bank tomorrow to protect your hard earned life long cash that the greed of wall street is ready to take on a whims notice... Permalinkadd a comment | go to forum thread
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