Well, I just got this email from Washington Mutual Bank, where I have a credit card:
“Hi ADAM HUTCHISON,
Start saving for the holidays today!
With kids back in school and a nip in the air, we’re suddenly reminded that the holidays are just around the corner.
Even if you’re not ready to hit the stores, you can cut down on holiday stress by saving a little extra cash today. With Online Savings at an amazing 4.00% APY and great rates on Money Market accounts, we have plenty of ways to kick your holiday savings into gear.
Learn more about your options and these great rates for saving for the holidays.”
It was accompanied by this picture:

Hmm…Those people seem a little TOO excited about banking, I wonder if there is anything they aren’t telling me…
“WaMu IS LARGEST BANK FAILURE EVER
By Elinor Comlay and Jonathan Stempel 1 hour, 1 minute ago
NEW YORK/WASHINGTON (Reuters) - Washington Mutual Inc was closed by the U.S. government in by far the largest failure of a U.S. bank, and its banking assets were sold to JPMorgan Chase & Co for $1.9 billion.
Washington Mutual was shut by the federal Office of Thrift Supervision, and the Federal Deposit Insurance Corp was named receiver. This followed $16.7 billion of deposit outflows at the Seattle-based thrift since Sept 15, the OTS said.
“With insufficient liquidity to meet its obligations, WaMu was in an unsafe and unsound condition to transact business,” the OTS said.”
So…You might have wanted to hold off on that email you sent to all of your customers in America about how great of a time it is to invest any money that I haven’t already spent trying to keep my home out of foreclosure at your bank…which no longer exists. Good work there. Hopefully you guys won’t miss the $1500 I’m not going to pay you.

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