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09-10-2008, 02:04 PM
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#1
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Full time employment: Posting here.
Join Date: May 2007
Posts: 549
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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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09-10-2008, 02:42 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,635
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Friday is coming............. I sound like a broken record. 
__________________
Vietnam Veteran, CW4 USA, Retired 1979
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09-15-2008, 05:05 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,635
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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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Vietnam Veteran, CW4 USA, Retired 1979
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09-15-2008, 05:17 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 1,183
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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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09-16-2008, 07:55 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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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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09-16-2008, 08:30 AM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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09-16-2008, 08:35 AM
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#7
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Recycles dryer sheets
Join Date: Jun 2008
Location: Brooklyn NY
Posts: 90
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I would love for wells to take over wamu, there are no wells banks in nyc
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09-20-2008, 05:49 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Jun 2006
Location: Central, Ohio, USA
Posts: 2,635
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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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Vietnam Veteran, CW4 USA, Retired 1979
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09-25-2008, 10:36 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: Houston
Posts: 1,448
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going...going...GONE!
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