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Posted in You must have seen it in the news by now. Washington Mutual is up for grabs to the highest bidder. Who will it be? Whatever happens, I sure hope that Americans tax payers won’t be footing the bill for this sale… n
Who Will Buy WaMu?
Who Will Buy WaMu? (poll)
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(15 votes, average: 4.47 out of 5)
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James said:
on September 23rd at 04:42 am5% is back.
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Michael said:
on September 23rd at 04:22 pm4% Savings is back too.
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Michael said:
on September 23rd at 04:23 pmApparently you should add TD Bank to the list as well.
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Kevin said:
on September 23rd at 06:23 pmWhat happens to the CDs people have purchased from WaMu if they get bought out or declare bankruptcy?
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Michael said:
on September 24th at 04:07 amto Kevin:
Assuming your CDs plus interest are under 100K,
Worst case scenario, you’ll be given a check for all your money plus interest and have to take it somewhere else.
If a new bank takes over WaMu, they’ll often give you the opportunity to close the CD with no withdrawel penalty or just honor the CD for its remaining duration.
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Tony said:
on September 26th at 04:42 amwell it looks like wamu just went down and JPmorgan Chase purchased it with $1.9 billion in savings and loans..
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jojo said:
on September 26th at 05:50 amI was right !!! yea
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jojo said:
on September 26th at 10:23 pmNow Whos Next to go? , Wachovia ??
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No ! 3% is back
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