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Wamu ~ going, going....
Old 09-10-2008, 03:04 PM   #1
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Wamu ~ going, going....

Looks like Wamu closed under $2.50 today....any thoughts
on its possible survival?
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Old 09-10-2008, 03:42 PM   #2
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Old 09-15-2008, 06:05 PM   #3
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Well S&P downgraded it to "Junk" this afternoon - If they go to the market to raise cash I wonder what the interest rate cost will be?
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Old 09-15-2008, 06:17 PM   #4
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I am hoping Wells Fargo sees a good match and snaps them up. Wells hasn't done any good take-overs as of late and they do have presence that could compliment the base. I also bought some WaMu last week and hate to do a loss write off!
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Old 09-16-2008, 08:55 AM   #5
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If you think WaMu has a chance, there are some incredibly cheap very short term corporate bonds paying over 25%.
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Old 09-16-2008, 09:30 AM   #6
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I am hoping Wells Fargo sees a good match and snaps them up. Wells hasn't done any good take-overs as of late and they do have presence that could compliment the base. I also bought some WaMu last week and hate to do a loss write off!
Wells is still choking up pieces of lung on their last acquisition. Who the heck would WANT WAMU's balance sheet??
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Old 09-16-2008, 09:35 AM   #7
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I would love for wells to take over wamu, there are no wells banks in nyc
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Old 09-20-2008, 06:49 AM   #8
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Not WaMU this weekend. Just a little West VA Bank goes (this is # 12 this year). On CNN-Money this morning.
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Old 09-25-2008, 11:36 PM   #9
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going...going...GONE!
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