WaMu has begun to try to sell itself. So far, no takers. If no one buys it, one of two things will happen. Either it will be placed into a conservatorship, like IndyMac, or form a bridge bank, a kind of temporary bank. So the question for depositors is: wait to find out who your new masters are, or pull out now and decide for yourself?
WaMu Begins To Sell Itself
By Ben Popken September 17, 2008
More From Consumerist
- Is ActiveHours A True Payday Alternative Or Just Another Too-Good-To-Be-True Letdown?
- Being Declared Dead By The Social Security Administration Is Very Inconvenient
- Does Postdating A Check Prevent Anyone From Depositing It Early?
- Charitable Giving: Get The Most Of Your Donations And Time This Holiday Season
- Sears To Sell Sears Canada Stake To Raise More Cash