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Old 09-17-2008
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Default WaMu puts itself up for sale, report says...

I am glad I only have 2 WAMU accounts left.
I started moving them to BOA about 2 months ago.
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WaMu puts itself up for sale, report says - MarketWatch
Goldman started auction for nation's largest thrift several days ago

By Alistair Barr, MarketWatch
Last update: 4:51 p.m. EDT Sept. 17, 2008Comments: 64
SAN FRANCISCO (MarketWatch) -- Washington Mutual, the nation's largest thrift, has put itself up for sale, the New York Times reported on Wednesday, citing unidentified people briefed on the matter.
Goldman Sachs, which has been hired to advise WaMu, started an auction several days ago, the newspaper reported.
Potential bidders that Goldman has talked to include Wells Fargo , J.P. Morgan Chase and HSBC , the paper said.
The Wall Street Journal reported that Citigroup and Wells Fargo have expressed an interest in buying WaMu.
A spokesman for WaMu did not immediately return an email seeking comment on Wednesday afternoon.
WaMu shares fell 13% to $2.01. The stock rallied 11% to $2.23 during after-hours action.
Alistair Barr is a reporter for MarketWatch in San Francisco.


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Old 09-17-2008
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Eh, if they go under, the government will step in.. I'm not worried about the money thats in there.. (Not a lot) Hopefully though, noone has any debt with them, because the government is really good at collecting .. Watch Merrill Lynch i've been Shorting the stock in the company since 34 dollars ^^
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