Saturday, September 27, 2008

Goodbye WaMu

On Thursday night,Sept 25, the Washington Mutual which is the largest bank of America was seized by the government and sells some assets. Wasing Mutual was known as WaMu, was the nations largest saving and loan, the govt. sale WaMu to JPMorgan Chase . I am sure there are many employees who will lose their jobs and that increases the unemployment rate here in America.

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