Run Don't Walk to your local WaMu
Thread Starter
Administrator
Joined: Jul 2001
Posts: 24,416
From: Stuart, FL
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.
Senior Member
Joined: Jul 2004
Posts: 674
From: Vero Beach, Florida
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.
Super Moderator
Joined: Feb 2002
Posts: 12,288
From: Amityville, New York
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!
Thread Starter
Administrator
Joined: Jul 2001
Posts: 24,416
From: Stuart, FL
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!
