Thursday, September 25, 2008

WaMu Failed

WaMu failed tonight in the largest failure ever of a U.S. bank.

I bank at WaMu.

I don't have any investments there, and I certainly don't have more than the FDIC insured $100,000 in my checking/savings accounts. But still.


Story to tell the grandkids, I guess.

1 comment:

Maria said...

Holy Updates! I'm gone for a week and wham! That's so scary about your bank! So what do you do now? Do you have to jump through hoops to get your money? I hope not. Max and I are always wondering if we should start pulling out our money. Then we stess that it won't be worth anything and wonder if we should start buying silver. Such scary times. I'm curious if they will talk about it at the General Relief Society Broadcast tonight. I'll be there so look for me! ;)


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