Wamu

[uofom3]

is this BS too then?


SuperDuper, get a clue.find something a little more informative or opinionated before you post.



ive received calls from a few people that work for Verizon wireless (with my wife) that prompted my actions and reasoning for this post. Wamu was a option to invest their 401k into. and to those that tracked their 401k on the regular to their dissapointment found out they lost a healthy amount of it. if this thread stirred people the wrong way, deal with it, dont worry about it, do whatever it is that gets you through your day. my point was to see if anyone else had misfortune also, and to bring the topic to a discussion.

if the best thing you can come up with is "the only bs on here is YOUR post" piss off, seriously, find something better to do.

[e34john]

Gonna close my account when I wake up. Mostly its because I've been unemployed for 7 months and Im just going to open an account with whoever my new employer is.

[Mtriple]

SuperDuper, get a clue.find something a little more informative or opinionated before you post.

Sorry, missed that little gem in your post. Does your family own a bank?

[golde30]

hahahaha, nice Bob...nice.

[Sam Cogley]

Oh noes, muh munnehs iz gone.

[s0urce]

So now wamu is up for sale.

This article is a nice summary for the next set of banks that might potentially merge/fail.
http://www.cnbc.com/id/26763431

[s0urce]

Washington Mutual is no doubt the next to go down. Since september 17th Wamu's stock fell 27% to 2$ a share. My prediction is that Chase is going to buy them out.

I would hardly classify this as a "rumor". The #'s speak for themselves.

Who fucking called it?

http://www.chase.com/welcomewamu/

[jflip2002]

So they get bought out by chase... who cares? I will then have a chase bank account, rather than WAMU. It may be a hassle, but its not like youre going to lose your money.

[s0urce]

So they get bought out by chase... who cares? I will then have a chase bank account, rather than WAMU. It may be a hassle, but its not like youre going to lose your money.

I never thought I'd lose my money? Everyone is FDIC insured up to 100k anyways.

[devonjordan]

I'm really stoked that chase picked them up... makes me a part of the 3rd largest bank in the world.

[h0lmes]

I never thought I'd lose my money? Everyone is FDIC insured up to 100k anyways.

I'm curious, is everybody insured 100k per bank or just 100k total?

[James Crivellone]

I'm curious, is everybody insured 100k per bank or just 100k total?

100k per bank, per account last I researched (few years ago)

[DarkWing6]

I'm curious, is everybody insured 100k per bank or just 100k total?

100K per person, and if you have assets more than that you can request to have it insured for more than 100K.

[devonjordan]

100k per bank, per account last I researched (few years ago)

Just per bank, not per account... at least thats how I understand it.

[DarkWing6]

either way...everyone on this forum is covered.