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To: AxelPaulsenJr; NautiNurse

Wachovia is not in serious trouble, it’s Washington Mutual. Please don’t spread rumors.


28 posted on 09/15/2008 1:31:12 PM PDT by Perdogg (Sen Robert Byrd - Ex community organizer)
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To: Perdogg
Wachovia is not in serious trouble, it’s Washington Mutual.

You have to be kidding. They are in just about the same situation - bankrupt within weeks without a Fed-enabled, Bear Stearns-style bailout/takeover.

38 posted on 09/15/2008 1:33:07 PM PDT by Mr. Jeeves ("One man's 'magic' is another man's engineering. 'Supernatural' is a null word." -- Robert Heinlein)
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To: Perdogg

You might want to pass on to MSN that that is a rumor about Wachovia. I got the report from them....


40 posted on 09/15/2008 1:33:40 PM PDT by AxelPaulsenJr (Republicans and Conservatives staying home will give us President Hussein Obama.)
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To: Perdogg

>>Wachovia is not in serious trouble, it’s Washington Mutual. Please don’t spread rumors.<<

Actually I would put it this way:

Wamu is a “dead bank walking”
Wachovia is in dire straights.

Just a few months ago:
http://articles.moneycentral.msn.com/Investing/CompanyFocus/WachoviaWaMuStillInBigTrouble.aspx
http://wcpowertechfund.blogspot.com/2008/06/more-trouble-brewing-at-wachovia-after.html
http://www.bizjournals.com/charlotte/stories/2008/03/03/newscolumn1.html?ana=from_rss

And More recently:
http://business.smh.com.au/business/so-long-and-thanks-for-the-bonuses-20080915-4gse.html
http://business.smh.com.au/business/so-long-and-thanks-for-the-bonuses-20080915-4gse.html
http://www.theaustralian.news.com.au/story/0,25197,24347694-36418,00.html


67 posted on 09/15/2008 1:46:56 PM PDT by RobRoy (This is comical)
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To: Perdogg

Just YIKES:

http://www.indiadaily.com/editorial/20059.asp


75 posted on 09/15/2008 1:50:24 PM PDT by RobRoy (This is comical)
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To: Perdogg
Thank you so much for correcting the Wachovia/WaMu confusion. I almost panicked and went immediately to google to see what was wrong with Wachovia. Fortunately Wachovia is in good shape!
99 posted on 09/15/2008 2:13:33 PM PDT by ladyjane
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