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-   -   Do you guys think Washington Mutual Bank... (https://gfy.com/showthread.php?t=855076)

Semi-Retired-Dave 09-14-2008 10:24 PM

Do you guys think Washington Mutual Bank...
 
Will go under too? I think they might be on that list that's going DOWN!

sandman! 09-14-2008 10:29 PM

they suck ass

one of the worst banks i ever tried to use.

i wont miss them.

UniversalPassLorence 09-14-2008 10:32 PM

It will be probably taken over by another bank. They have a big customer base.

baddog 09-14-2008 10:36 PM

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.

Official Babe 09-14-2008 10:44 PM

stock price is low but i would stay away from it

LiveDose 09-14-2008 10:46 PM

We have one of our mortgages with them. No problems at all for us but I have heard of people having problems with them.

AlienQ - BANNED FOR LIFE 09-14-2008 10:47 PM

Buy gold Dave. Buy gold.

The American bank system is actually collapsing.

WWC 09-15-2008 02:54 AM

I can imagine everyone taking all their cash out of the banks lol

gold and real estate ;-)

Semi-Retired-Dave 09-15-2008 08:36 AM

Quote:

Originally Posted by Official Babe (Post 14756714)
stock price is low but i would stay away from it

I agree.

TubeTitans_SusieQ 09-15-2008 08:37 AM

yea im not too fond of them....

CyberAgeGary 09-15-2008 09:20 AM

Quote:

Originally Posted by baddog (Post 14756679)
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.

gleem 09-15-2008 09:25 AM

I bought their stock at like $30... I'm going down with ship captain!

BradM 09-15-2008 09:26 AM

Quote:

Originally Posted by sandman! (Post 14756663)
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.

notime 09-15-2008 09:45 AM

Quote:

Originally Posted by WWC-Raffi (Post 14757249)
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

Semi-Retired-Dave 09-15-2008 10:02 AM

Quote:

Originally Posted by gleem (Post 14758190)
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. :mad:

OG LennyT 09-15-2008 10:16 AM

Quote:

Originally Posted by CyberAge-Dave (Post 14758305)
Ouch, I thought I told you years ago to stay away from Stocks. :mad:

:1orglaugh:1orglaugh stocks are the best investment there is... better than real estate, land, etc...


yeah.. wamu has been going down in flames for awhile now

Vendot 09-15-2008 10:32 AM

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.

ADL Colin 09-15-2008 10:37 AM

Quite possible.

seeric 09-15-2008 10:43 AM

looks like the only one i am putting faith in right now is BOFA

OG LennyT 09-15-2008 10:43 AM

Quote:

Originally Posted by Vendot (Post 14758413)
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

Honez 09-15-2008 10:55 AM

Quote:

Originally Posted by BradM (Post 14758194)
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. :(

sweetredhead 09-15-2008 10:58 AM

WAMU sucks balls, they are awful, all hidden fees, they will for sure go down the with the rest

JP-pornshooter 09-15-2008 11:24 AM

Quote:

Originally Posted by A1R3K (Post 14758462)
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

GetSCORECash 09-15-2008 12:34 PM

Quote:

Originally Posted by gleem (Post 14758190)
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.:Oh crap

GetSCORECash 09-15-2008 12:36 PM

Quote:

Originally Posted by OG LennyT (Post 14758464)
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.

Trax 09-15-2008 12:41 PM

WAMU HAS! problems
if another bank is to bit the dust... WAMU is the next big one to go

Vendot 09-16-2008 06:48 AM

Quote:

Originally Posted by OG LennyT (Post 14758464)
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.

Kudles 09-16-2008 10:50 AM

Who knows?

Vendot 09-17-2008 09:36 AM

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).

PetMyKitty 09-17-2008 10:09 AM

I heard Wachovia is not in great shape either.

fuzebox 09-17-2008 10:16 AM

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 :(

thehand 09-17-2008 10:20 AM

Quote:

Originally Posted by fuzebox (Post 14769653)
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. :thumbsup

Miss Munki 09-17-2008 10:24 AM

Quote:

Originally Posted by sandman! (Post 14756663)
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 :mad:, just hearing their name makes me cringe.


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