Next bailout WAMU?


	Next bailout WAMU?

deb2012

9-17-2008 9:00 AM

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tags:

finance

deb2012 says:

Would you buy a failing bank if knew the government and the taxpayers will buy junk for you?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/40a3825e-ef75-444f-a42b-3f0482310d65/026DBEC4-2FB7-4AB3-A914-101972D40612/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.yahoo.com/s/nm/20080917/bs_nm/washingtonmutual_dc_1" href="http://news.yahoo.com/s/nm/20080917/bs_nm/washingtonmutual_dc_1" style="font-size: 11px;">news.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20080917/bs_nm/washingtonmutual_dc_1"><P>(Reuters) - U.S. federal regulators recently called a number of banks asking if they would consider buying <SPAN id="lw_1221656249_0">Washington Mutual Inc</SPAN> (<SPAN id="lw_1221656249_1">WM</SPAN>.N) should it eventually falter, the <SPAN id="lw_1221656249_2">New York Post</SPAN> said, <SPAN id="lw_1221656249_3">citing sources</SPAN>. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.yahoo.com/s/nm/20080917/bs_nm/washingtonmutual_dc_1">
<P>Federal banking regulators, in recent days, contacted <SPAN class=yshortcuts 
id=lw_1221656249_4>Wells Fargo &amp; Co</SPAN> (<SPAN class=yshortcuts 
id=lw_1221656249_5>WFC</SPAN>.N), <SPAN class=yshortcuts 
id=lw_1221656249_6>JPMorgan Chase &amp; Co</SPAN> (<SPAN class=yshortcuts 
id=lw_1221656249_7>JPM</SPAN>.N), <SPAN class=yshortcuts 
id=lw_1221656249_8>HSBC</SPAN> (HSBA.L) and several other <SPAN class=yshortcuts 
id=lw_1221656249_9>financial institutions</SPAN> to gauge their interest in a 
possible acquisition of WaMu, the paper said.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/026DBEC4-2FB7-4AB3-A914-101972D40612/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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