WaMu Begins To Sell Itself

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?

[Dealbook] (Photo: Maulleigh)