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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.)
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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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