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  LiveWire / Teen Forums / Science & Business / Viewing Topic

Washington Mutual--is it finished?
Replies: 8 — Last Post Sep. 29, 2008 2:22pm by shadowpool
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Choice Votes Percent  
Yes 8 53%
No 7 46%
Vote Now! 15 Votes Cast
( shadowpool )


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http://finance.google.com/finance?q=wm

 

. . . *slurp*

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1:01 pm on Sep. 11, 2008 | Joined: Nov. 2005 | Days Active: 852
Join to learn more about shadowpool California, United States | Label Free Male | Posts: 11,643 | Points: 23,632
coloring the void

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damn, thats one long downfall.
1:02 pm on Sep. 11, 2008 | Joined: April 2008 | Days Active: 309
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Nimzo


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Woah, as i scrolled out on the price chart i got the same feeling in my stomach as when i watched this:

4:07 am on Sep. 12, 2008 | Joined: May 2008 | Days Active: 102
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yankeefan


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if i had to guess, i'd say it probably survive this crisis

6:23 pm on Sep. 12, 2008 | Joined: July 2006 | Days Active: 171
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obvious child


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Depends how much further this recession goes. Washington Mutual could go either way at this point. They have rather large amounts of mortgages on their books with large amounts of debt coming due. I'd say if the recession goes into 2010, they're done. If it ends as predicted in the middle of 2009, they'll survive.

The real question is if Lehman brothers can survive into 2009, or quite frankly till November.

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"I give the probability of this working at zero" - Dan DeMatteo

6:36 pm on Sep. 12, 2008 | Joined: Sep. 2005 | Days Active: 941
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sakurag


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I pulled my money out of them a LONG time ago.

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9:19 am on Sep. 15, 2008 | Joined: Oct. 2002 | Days Active: 748
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obvious child


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And Lehman is gone and it's not even October!

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"I give the probability of this working at zero" - Dan DeMatteo
1:56 pm on Sep. 15, 2008 | Joined: Sep. 2005 | Days Active: 941
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GmanXXVI


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Quote: from obvious child at 1:56 pm on Sep. 15, 2008
And Lehman is gone and it's not even October!

Lol yeah, my first impression when I read the op: not as finished as Lehman bros!!

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7:55 pm on Sep. 15, 2008 | Joined: Aug. 2008 | Days Active: 59
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( shadowpool )


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LOL.

Post edited at 11:54 pm on Oct. 4, 2008 by shadowpool

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You create your past.

2:22 pm on Sep. 29, 2008 | Joined: Nov. 2005 | Days Active: 852
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