WaMu failed last night, they are selling off the deposits and branches, but another giant drain on the FDIC, which will surely buckle under the weight of the coming bank defaults unless they pull off the big bailout.
Bob
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http://www.bloomberg.com/apps/news?pid=20601170&refer=home&sid=amZxIbcjZISU
'If the people lead, the leaders will follow'
'War does not determine who is RIGHT, just who is LEFT'
