Run Don't Walk to your local WaMu
09-07-2008, 08:33 PM
#1
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Join Date: Jul 2001
Location: Stuart, FL
Posts: 24,416
They just fired their CEO, that coupled with the close to 30 billion in right offs is a sure sign they are treading water without a life jacket. Silver State Bank of Nevada was the 11th bank of the year to go under, John McCains son Andrew McCain resigned as director in July.
09-08-2008, 06:31 PM
#7
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Join Date: Jul 2004
Location: Vero Beach, Florida
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Originally Posted by phinsup' post='907619' date='Sep 8 2008, 07:27 PM
Lehman Brothers will be the next big one to go, wamu and wachovia are taking on water.
Yah Im closing my Wachovia account this week.
09-09-2008, 07:12 AM
#8
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Join Date: Feb 2002
Location: Amityville, New York
Posts: 12,288
Originally Posted by Baldy' post='907603' date='Sep 8 2008, 04:37 PM
We have a credit card outstanding with them, trying to pay off the debt. Should that effect anything on our end?
keep paying, you aint getting out of that one!
09-09-2008, 07:53 AM
#9
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Originally Posted by Baldy' post='907603' date='Sep 8 2008, 04:37 PM
We have a credit card outstanding with them, trying to pay off the debt. Should that effect anything on our end?
No you are an asset, your loan will be assumed by another bank, don't worry someone's gonna get their money outta ya!