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Old 09-14-2008, 10:24 PM   #1
Semi-Retired-Dave
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Do you guys think Washington Mutual Bank...

Will go under too? I think they might be on that list that's going DOWN!
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Old 09-14-2008, 10:29 PM   #2
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they suck ass

one of the worst banks i ever tried to use.

i wont miss them.
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Old 09-14-2008, 10:32 PM   #3
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It will be probably taken over by another bank. They have a big customer base.
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Old 09-14-2008, 10:36 PM   #4
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I could have sworn my rep there sent me a notice that someone else was taking over the home loans. But I haven't been told to pay someone else yet.
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Old 09-14-2008, 10:44 PM   #5
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stock price is low but i would stay away from it
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Old 09-14-2008, 10:46 PM   #6
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We have one of our mortgages with them. No problems at all for us but I have heard of people having problems with them.
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Old 09-14-2008, 10:47 PM   #7
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Buy gold Dave. Buy gold.

The American bank system is actually collapsing.
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Old 09-15-2008, 02:54 AM   #8
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I can imagine everyone taking all their cash out of the banks lol

gold and real estate ;-)
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Old 09-15-2008, 08:36 AM   #9
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stock price is low but i would stay away from it
I agree.
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Old 09-15-2008, 08:37 AM   #10
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yea im not too fond of them....
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Old 09-15-2008, 09:20 AM   #11
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I could have sworn my rep there sent me a notice that someone else was taking over the home loans. But I haven't been told to pay someone else yet.
Damn, I told them to give you my address Lloyd... Don't worry, just epass it to me this month, and you won't lose your house.
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Old 09-15-2008, 09:25 AM   #12
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I bought their stock at like $30... I'm going down with ship captain!
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Old 09-15-2008, 09:26 AM   #13
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they suck ass

one of the worst banks i ever tried to use.

i wont miss them.
ditto. fuck those guys. I banked with them and got the hell out. im lucky I got out early.

BofA for the win.
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Old 09-15-2008, 09:45 AM   #14
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I can imagine everyone taking all their cash out of the banks
that could collapse ANY bank since banks just hold a small amount as a reserve and never all
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Old 09-15-2008, 10:02 AM   #15
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I bought their stock at like $30... I'm going down with ship captain!
Ouch, I thought I told you years ago to stay away from Stocks.
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Old 09-15-2008, 10:16 AM   #16
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Ouch, I thought I told you years ago to stay away from Stocks.
stocks are the best investment there is... better than real estate, land, etc...


yeah.. wamu has been going down in flames for awhile now
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Old 09-15-2008, 10:32 AM   #17
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What about Goldman Sachs..... GS EPS is like $20 per share.

If you pick it up at $120 tommorrow after they release crap earnings you can get 16%/pa in dividends.
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Old 09-15-2008, 10:37 AM   #18
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Quite possible.
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Old 09-15-2008, 10:43 AM   #19
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looks like the only one i am putting faith in right now is BOFA
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Old 09-15-2008, 10:43 AM   #20
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What about Goldman Sachs..... GS EPS is like $20 per share.

If you pick it up at $120 tommorrow after they release crap earnings you can get 16%/pa in dividends.

yep, Goldman's a blue chipper pickup, especially if you can get it at 120.. hell, I'd buy at 130-135 even
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Old 09-15-2008, 10:55 AM   #21
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ditto. fuck those guys. I banked with them and got the hell out. im lucky I got out early.

BofA for the win.
No BofA's here in Denver. I had to close my 3 accounts with them when I moved here.
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Old 09-15-2008, 10:58 AM   #22
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WAMU sucks balls, they are awful, all hidden fees, they will for sure go down the with the rest
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Old 09-15-2008, 11:24 AM   #23
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looks like the only one i am putting faith in right now is BOFA
they are in deep, took over countrywide earlier this year and now Merill lynch..
could be too big of a bite
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Old 09-15-2008, 12:34 PM   #24
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I bought their stock at like $30... I'm going down with ship captain!
Same here, bought and sold it a couple of times, then got hooked at $12.00 and it just kept going down.

Hope it comes back up.
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Old 09-15-2008, 12:36 PM   #25
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yep, Goldman's a blue chipper pickup, especially if you can get it at 120.. hell, I'd buy at 130-135 even
I'm waiting it out. Currently everything I own of GS, is profits... Just hate to see it dwindle down to nothing.
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Old 09-15-2008, 12:41 PM   #26
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WAMU HAS! problems
if another bank is to bit the dust... WAMU is the next big one to go
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Old 09-16-2008, 06:48 AM   #27
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yep, Goldman's a blue chipper pickup, especially if you can get it at 120.. hell, I'd buy at 130-135 even
Goldman Sachs hit $116 earlier...... looks like it will dive under $120 again at some point today but could (possibly) go lower tommorrow. Todays downward pressure was due to poor results (although nowhere near as bad as expected).

I picked up a few under $120 but im holding out for a larger hopeful sub $100 purchase in the next week or so.

Last edited by Vendot; 09-16-2008 at 06:50 AM..
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Old 09-16-2008, 10:50 AM   #28
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Who knows?
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Old 09-17-2008, 09:36 AM   #29
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Goldman Sachs currently trading at $98/share under serious selling pressure for no particular reason other than loss of confidence...... Yielding dividend $21/share

You can make 20% annual returns if Goldman doesnt change its dividend (which it didnt do at the last meeting).

Last edited by Vendot; 09-17-2008 at 09:38 AM..
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Old 09-17-2008, 10:09 AM   #30
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I heard Wachovia is not in great shape either.
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Old 09-17-2008, 10:16 AM   #31
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Am I the only one who's had great experiences with WaMu? They've been great for me over the last year and a half... I hope they pull through
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Old 09-17-2008, 10:20 AM   #32
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Am I the only one who's had great experiences with WaMu? They've been great for me over the last year and a half... I hope they pull through
They have been great for me, they cash my Canadian checks with no hassle. When I read about the devalue in their stock , moved most of mt money elsewhere. I'll still use them to cash my Canadian checks though.
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Old 09-17-2008, 10:24 AM   #33
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they suck ass

one of the worst banks i ever tried to use.

i wont miss them.

I had a horrible experience with WAMU too , just hearing their name makes me cringe.
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