To: Fred
If no one will buy the assets, then, yes, they are worth zero.That's a ginormous "if" you have there.
WaMu will not be the only bank taking the dirt nap....it will be a waterfall of banks...can the FDIC handle this???
Uncle Sam IS the FDIC.
338 posted on
09/24/2008 7:26:47 PM PDT by
Petronski
(Please pray for the success of McCain and Palin. Every day, whenever you pray.)
To: Petronski
Yeah, I will be sure to get in the WaMu teller line before you. AND I have no intention of waiting for my deposits WHILE WAMU tries to get some one to buy their 'assets'. I guess you have no problem waiting for yours.
349 posted on
09/24/2008 7:35:12 PM PDT by
Fred
(The Democrat Party is the Nadir of Nihilism)
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