Washington Mutual going under:

[capmac]

Will Wamu be trading in the pennies come Monday morning?

 

[itcanbedone]

JPM buyin some branches and deposits.

...developing...

 

[cszulc]

Conference call at 9:15 EST tonight.

JPMorgan to buy Wamu deposits: report

http://www.reuters.com/article/newsOne/idUSTRE48O9RT20080925

 

[sobemark]

Quote from cszulc:

Conference call at 9:15 EST tonight.

JPMorgan to buy Wamu deposits: report

http://www.reuters.com/article/newsOne/idUSTRE48O9RT20080925

WM is done ..FDIC taking them over ..

deposits going to JPM

 

[cszulc]

Trading 0.91 at 0.94 after hours now. Initally popped.

 

[ElCubano]

.78

 

[itcanbedone]

“WaMu’s strong brand and irreplaceable retail banking franchise have enormous potential, especially in today’s environment, and I am thrilled to have this opportunity to create value for shareholders.”



-- Alan H. Fishman, upon his appointment as WaMu’s CEO on September 8, 2008

 

[itcanbedone]

i lost 200K :eek: :eek:

 

[ElCubano]

.40 wow

 

[newguy05]

The queen is dead, long live the queen!!