Gothamist: Washington Mutual Seized by Feds, Assets Bought by JPMorgan

Mr Mel

Fri, 26 Sep 2008 11:57:10 -0500

Will the government prosecute the wrongdoers. This tragedy just didn't happen, it was orchestrated, it was fraud that could bring the country down, worse than any terrorist could. Jail time is the answer, the threat of doing hard time can sometimes bring out the truth.

matty

Fri, 26 Sep 2008 11:11:09 -0500

I thought Francis Fukuyama predicted history ending after Regan...

robingee

Fri, 26 Sep 2008 09:48:40 -0500

epic fail

zodak

Fri, 26 Sep 2008 09:44:21 -0500

i guess all those white bankers they held in the basement escaped & ruined everything.

ides_of_march

Fri, 26 Sep 2008 09:42:28 -0500

These things tend to happen to banks that lend money to people who can't pay it back. Time to get back to time honored lending practices based on economic reality, not multiculturalist dogma.

EastRiver

Fri, 26 Sep 2008 09:35:09 -0500

WaMu certainly doesn't help things but the bailout is the big news. And RIMM certainly isn't helping the tech sector.

zodak

Fri, 26 Sep 2008 09:32:43 -0500

"mr. fukuyama, you were so wrong as to be right: it's the end of history!" It was the end of history. It was the year everything changed. The year is 2261.

gossipgirl

Fri, 26 Sep 2008 09:01:52 -0500

I feel like the shit is just pelting the fan.

kapusta

Fri, 26 Sep 2008 08:26:05 -0500

"It's very tragic." wrong. slaughtering children in an immoral oil war in Iraq and Afghanistan is tragic.

Gothamist_Cynic

Fri, 26 Sep 2008 07:52:32 -0500

I'm so glad I ditched Wamu a while ago.

Kojak

Fri, 26 Sep 2008 06:07:19 -0500

True EastRiver, but this combined with the news about the bailout will still hammer the markets.

virgil

Fri, 26 Sep 2008 01:10:18 -0500

I had twelve kajillion semolians in my WaMu checking account, but I think it will just about fit inside my mattress, though it may be a bit lumpy. I would ask you all to please disregard any clues I may have left about my address on these comment boards.

so1337

Fri, 26 Sep 2008 01:08:43 -0500

It was going to happen. No surprise. The government shut down WaMu to give it to a holder (JPMorgan). Certainly now the $700b will find its way to Wall street. Tomorrow will be all hype.

bagelman

Fri, 26 Sep 2008 01:01:41 -0500

mr. fukuyama, you were so wrong as to be right: it's the end of history!

jterry121

Fri, 26 Sep 2008 00:34:52 -0500

Time for you Wall Street scumbags to finally get a real job. Like Digging graves for Wall Street scumbags

babyhitler

Fri, 26 Sep 2008 00:30:53 -0500

thank god. It was a chore taking out 200k from them. I still had 2 accounts left with ~30k and was going to get it out later but i was too lazy. My bank was Dime but Wamu bought them, and now it's gonna be chase. Remember when banking was an industry too be respected? that was just last month. Now it's reviled too hell. Sucks for finance majors. no soup for you.

EastRiver

Thu, 25 Sep 2008 23:57:49 -0500

^ Why? Everyone knew this was coming.

Kojak

Thu, 25 Sep 2008 23:51:42 -0500

I think now would be a good time to sell your shares in any bank. Tomorrow is going to get rough...

NannyState

Thu, 25 Sep 2008 23:33:44 -0500

Wah!Mu.

jaems

Thu, 25 Sep 2008 23:33:15 -0500

Whoo hoo?