Washington Mutual going under:

any chance of it going belly up?

http://finance.yahoo.com/q/bc?s=WM&t=6m&l=on&z=m&q=l&c=

 

Maybe, just like the good old savings and loans scandals is what this reminds me of.

 

Hmmm yummy.....

 

Hell Yeah! I won't have to pay my mortgage anymore!

Wooo-Hooo!
(Homer)

 

No, I doubt it, but with countrywide at $13 no way wamu is worth $19. I just took a short position on it at $19.

 

nice 9% yield...impressive.

they may have to cut that dividend by 50% soon.

 

Super Invesmtent banks to the rescue with free money from Bernanke.

 

WMU will do fine. As long as you see commercials they are in biz

 

maybe. sometimes commercials are paid for well in advance. they may continue to be presented.