I never acted on this when I kept telling myself to. So I have a couple small accounts with WaMu. Am I safe and how much papaerwork will it take to get the money out? Any finance guys out there know?
Where did you hear this? I haven't watched the news tonight but didn't hear anything earlier about WAMU not opening tomorrow.
This financial crisis is amazing. I think there will be a positive relationship between the number of these firms that fail and how much Obama wins in November. I think he is going to win big time now. What other firms are due to fall up? I heard there were 3 big ones on the verge of imploding, so I assume WaMu was one of them.
Same for me. I believe each account is insured up to 100k and I believe they said that individual accounts up to 100k are fine
Go ahead and read this if your a WaMu customer... https://online.wamu.com/banking/offers/campaign001/landing/customer_note In that link you can click the FDIC Insurance Policy to see what it covers
Haha I asked the same question. Denny answered it: http://www.sportstwo.com/forums/showthread.php?t=123413
Fuck, I started a porn thread just to keep from thinking about it. I think the only people who are going to have money soon are the illegals because they don't put it in banks. Lucky for me there are tons of them here that I can beg for change.
Yea, and that letter dated today sounded positive and they are insured. I'm not worried (famous last words)
No. It means investors today thought that WaMu was less likely to go belly up than they had collectively thought the previous day. Obviously they were either wrong yesterday or wrong today, or both. barfo
Luckily Barack Obama stood strong against the poor management of Fannie Mae and Freddie Mac...oh, wait...nevermind.
Well I took at all the money I could from the atm and cash backs...which wasnt much due to limits on atm withdrawls
From a client who owes me money and uses WaMu. He asked me to come by and pick up a check for what he owes me and take it to the bank and cash it. I went to WaMu at a few minutes before five yesterday and they confirmed they will not be open today. They weren't sure what was happening but seemed to think someone was buying them out. I heard US Bank, but I'm not sure. Rumor was they would reopen Monday. Accounts are federally insured up to one hundred grand so everyone should be okay... and eventually get their money. But I had twenty five hundred coming to me and I wanted the cash, and to not take any chances.
