WAMU is "Auctioning Itself Off"

They're shopping themselves. They've hired Goldman Sachs.

Never saw anything like this before in my life, and never thought I would.

http://www.bizjournals.com/sanjose/stories/2008/09/15/daily64.html

 

?.......on EBay? Is there a "Buy It Now" price?

 

Yeah, 'no reserve,' too.

 

Interesting. WM is in deep trouble then if they need more cash.

 

hahaha, you just realized that today?

 

The WAMU story was predictable.




http://www.elitetrader.com/vb/showt...228&highlight=arealpissedgoy+wamu#post1716228

arealpissedgoy

12-16-07 04:50 AM

Citibank has its friendly deep pocketed Arabs to bail it out. Plus it's beginning to do well with it's Chinese ventures.

WAMU is the one I'd be shorting to oblivion.

 

HAHAHHAAHHA