Wamu

[smonkbmw]

thought i heard a rumor that Washington Mutual signed papers to start the bankruptcy process. im pulling my cash out and putting it into a credit union.

[Nicademus]

Rumors like that and people running to pull their cash it is what causes big problems. You can't have people making a run on a bank all at once on the same day...or a gas station or anything else of that matter.

[aworthybrother]

rumors like that and people running to pull their cash it is what causes big problems. You can't have people making a run on a bank all at once on the same day...or a gas station or anything else of that matter.

+ 1

[Mtriple]

Rumors like that and people running to pull their cash it is what causes big problems. You can't have people making a run on a bank all at once on the same day...or a gas station or anything else of that matter.

+2

There is this little entity called the FDIC that will protect your monies...

[aworthybrother]

this thread needs to be deleted.

[andyman2487]

It was rumors that started the great depression. Don't be a dumbass.

[yberther]

fucking media.

[Das Boots]

Everybody needs to settle down on times like these.....stop all of the "sky is falling" stuffs. Overall, our economy is still really sound.....it is just some bad apples that is pulling the rest sown. Relax everybody.

[TDE30]

Oh noes, muh munnehs iz gone.

[Jon325i]

There is this little entity called the FDIC that will protect your monies...

Yep - pretty much any bank account is Federally insured up to $100,000 per individual. You can even increase that amount of protected funds by filling out some paper work with your bank.....all you have to do is ask.

Stop panicing people - you're acting like the sky is falling. Which its not.

[LINUS]

I heard the same thing, but I'm leaving my account there alone.

Not like my staggering financial empire exceeds the FDIC insured limit, so I'm riding that one out.

I'm just keeping hard copies of my balance over the next few days, just for due dilligence.

[OrganicMechanic]

It was rumors that started the great depression. Don't be a dumbass.

I don`t think the next great depression will be started from a R3V thread.

[daniel]

I don`t think the next great depression will be started from a R3V thread.

you'd be surprised.

[parkerbink]

I don`t think the next great depression will be started from a R3V thread.

r3v's reach is boundless.

My money is staying there, I also have been printing my balances daily.

[Das Boots]

My money stays in WaMu....it doesn't have that much anyways. Whatever goes in, goes out in expenses for my bills. And I am doing my own budgeting. I wonder who among us have a lot of savings in his account to make a run on WaMu? A lot meaning....thousands and thousands???? Not me.