09-25-2008, 11:50 PM | #1 | ||
Banned
Join Date: Mar 2008
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Wamu
Who were has an account with Wamu? I went there today at about 3 pm and the doors were locked and all I could here was shredders in the distance.
(FYI, this is a joke, not about having an account though) |
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09-25-2008, 11:52 PM | #2 |
Death Herald
Join Date: Nov 2000
Location: Le stelle la notte sono grandi e luminose nel cuore profondo del Texas
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I keep getting spam emails telling me that I have to send in my login information or risk having my account suspended from WaMu. But I have no money there.
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Thinkin' of a master plan 'Cuz ain't nuthin' but sweat inside my hand So I dig into my pocket, all my money is spent So I dig deeper but still comin' up with lint |
09-26-2008, 12:42 AM | #3 |
Head Coach
Join Date: Oct 2000
Location: Green Bay, WI
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I have a checking account there, but I don't really have any money in it. For what that's worth.
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09-26-2008, 12:45 AM | #4 |
Pro Starter
Join Date: Feb 2003
Location: PDX
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WaMu Customers, Welcome to JPMorgan Chase!
We're proud to welcome you to one of the nation's largest banks; as of September 25, 2008, JPMorgan Chase & Co. has acquired the deposits, loans, and branches of Washington Mutual. Your deposits remain insured by the FDIC and are now also backed by the strength and security of JPMorgan Chase. Our combined company will offer superior banking convenience - over 5,400 branches and 14,000 ATMs in 23 states. Sounds vaguely ominous, eh? Last edited by thesloppy : 09-26-2008 at 02:48 AM. |
09-26-2008, 12:53 AM | #5 |
Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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I just logged into my account and it was buisness as usual
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09-26-2008, 01:00 AM | #6 |
Head Coach
Join Date: Oct 2000
Location: Green Bay, WI
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So, hey!
I'm moving to Green Bay in a week or two, and I just found out that JPMorgan Chase has branches there. WaMu didn't even have a presence in Wisconsin. |
09-26-2008, 07:37 AM | #7 |
Hall Of Famer
Join Date: Apr 2002
Location: Back in Houston!
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I have a credit card from them that I haven't used in a couple of years because of the insane interest rate. It used to be someone else but WaMu was the last of about 3 different banks who owns it.
SI
__________________
Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos: "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!" Last edited by sterlingice : 09-26-2008 at 07:37 AM. |
09-26-2008, 07:41 AM | #8 |
Hall Of Famer
Join Date: Dec 2002
Location: Mass.
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My in-laws have their mortgage with Wamu. Just so I can give them the correct information, this is included in the "loans" that were purchased by JP-Morgan Chase? Or are those going to be sold off elsewhere?
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09-26-2008, 07:59 AM | #9 |
Hall Of Famer
Join Date: Apr 2002
Location: Back in Houston!
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OK, this is sad. Got an email from WaMu this morning:
"WaMu News | The holidays start today" (Especially if you have a job there!) SI
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Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos: "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!" Last edited by sterlingice : 09-26-2008 at 07:59 AM. |
09-26-2008, 08:08 AM | #10 |
Dearly Missed
(9/25/77-12/23/08) Join Date: Nov 2003
Location: DC Suburbs
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I don't understand the question. The WAMU collapse has been on the horizon for weeks now if not longer so this was no surprise.
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NAFL New Orleans Saints GM/Co-Commish MP Career Record: 114-85 NAFL Super Bowl XI Champs In memory of Gavin Anthony: 7/22/08-7/26/08 |
09-26-2008, 08:55 AM | #11 |
Coordinator
Join Date: Oct 2000
Location: Big Ten Country
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Man. Hopefully that guy who played the other Walter on Seinfeld can find another job.
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09-26-2008, 09:01 AM | #12 | |
Head Coach
Join Date: Oct 2002
Location: Seven miles up
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Quote:
ditto
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09-26-2008, 09:29 AM | #13 |
College Starter
Join Date: Dec 2000
Location: Roseville, CA
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My wife has a card from them as well. Hers started out as Providian. We don't use the WaMu card for the same reason. Maybe it'll be more reasonable with the purchase.
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09-26-2008, 09:31 AM | #14 |
Hall Of Famer
Join Date: Apr 2002
Location: Back in Houston!
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Yup- I think mine was a Providian as well.
SI
__________________
Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos: "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!" |
09-26-2008, 09:32 AM | #15 |
Coordinator
Join Date: Feb 2003
Location: Seattle, WA
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I've got an joint checking account with direct deposit. Everything showed up just fine this morning.
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We have always been at war with Eastasia. |
09-26-2008, 09:40 AM | #16 |
Dearly Missed
(9/25/77-12/23/08) Join Date: Nov 2003
Location: DC Suburbs
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Were you expecting this on the ATM screen this morning?
__________________
NAFL New Orleans Saints GM/Co-Commish MP Career Record: 114-85 NAFL Super Bowl XI Champs In memory of Gavin Anthony: 7/22/08-7/26/08 |
09-26-2008, 09:46 AM | #17 |
Banned
Join Date: Mar 2008
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Actually that crazy guy on MSNBC that has the call-in stock tip show...Kramer???...I was flipping by that show 8 months ago and he said not to buy Wamu stock because they were going to go under. So people saw it coming a while ago.
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09-26-2008, 09:55 AM | #18 |
Favored Bitch #1
Join Date: Dec 2001
Location: homeless in NJ
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My sister in law is a VP for JP Morgan so I am trying to see if she knows anything of usefull info.
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09-26-2008, 10:02 AM | #19 |
Banned
Join Date: Oct 2000
Location: Astoria, NY, USA
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Jp Morgan bought Wamu, making it the 2nd largest bank behind BoA, and thus making it too big to allow to fail in the event of future crisises. excellent. i think corporations are catching on. i understand we have something resembling a free market, but this has to stop, government needs to impose caps on how large a company can become to prevent future bailouts. either that, or require x amount of cash reserves that increases the larger a corporation becomes. free market isn't "free" when the government, via taxpayer dollars, has to bail out these "too big to fail" companies.
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09-26-2008, 10:03 AM | #20 |
College Starter
Join Date: Apr 2007
Location: Arlington, VA
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Account holders with WaMu are fine, as are folks who have mortgages from WaMu. WaMu stockholders are screwed.
It is hard to predict exactly how the failure will affect the Puget Sound area. WaMu's HQ in Seattle employs about 4,300 people. I imagine a large percentage of those will be classified as redundant in the near future and let go. That's going to suck. |
09-26-2008, 10:05 AM | #21 |
Pro Rookie
Join Date: May 2002
Location: Prairie du Sac, WI
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Hey guys, if you have a WaMu account like me you should've gotten an email with a link to login so they can transfer your account. Otherwise you risk losing all your money in the transfer.
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09-26-2008, 10:10 AM | #22 |
Hall Of Famer
Join Date: Oct 2002
Location: Massachusetts
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09-26-2008, 10:19 AM | #23 | |
Hall Of Famer
Join Date: Apr 2002
Location: Back in Houston!
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Quote:
Agreed. However the problem with a purely "free market" is that there are gross market inefficiencies (monopolies or oligopolies erecting huge entry barriers to prevent perfect competition) so they aren't free to begin with. That said, yes, any company that is too large to fail needs to be broken up. Where's the real Teddy Roosevelt when we need him? SI
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Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos: "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!" |
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09-26-2008, 10:34 AM | #24 |
Pro Rookie
Join Date: May 2002
Location: Prairie du Sac, WI
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09-26-2008, 11:13 AM | #25 |
Resident Alien
Join Date: Jun 2001
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I cancelled my credit card with them a while ago. That was probably what doomed them.
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09-26-2008, 11:23 AM | #26 | |
SI Games
Join Date: Oct 2000
Location: Melbourne, FL
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Quote:
Sad thing is I bet someone has done that and worse still I bet a fair proportion of paniced people have probably given their details through the link ... |
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09-26-2008, 11:55 AM | #27 |
Pro Starter
Join Date: Jun 2001
Location: The State of Rutgers
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I have a checking account with them, but they sucked a big one. I guess that's why they are done.
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09-26-2008, 01:04 PM | #28 |
College Benchwarmer
Join Date: Apr 2008
Location: Sterling Heights, Mi
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Kind of ironic
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09-26-2008, 04:11 PM | #29 | |
Grizzled Veteran
Join Date: Oct 2000
Location: Seattle
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Quote:
It was both comical and sad to see so many people freaking out about their WaMu accounts in the past few months - look people, unless you had more the $100K deposited there, your money was completely safe. That's the largely overlooked problem in this financial situation, the panic that is setting in among people. |
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09-26-2008, 05:02 PM | #30 |
College Benchwarmer
Join Date: Apr 2008
Location: Sterling Heights, Mi
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I am always shocked when people are storming the banks when one of them is doing poorly. Haven't these people ever stood in line at their bank? I am sure that all of them have that FDIC sticker on the counter that guarantees accounts up to $100,000. I don't always trust the government, but they are pretty good at paying out money.
Last edited by fantom1979 : 09-26-2008 at 05:02 PM. |
09-26-2008, 05:15 PM | #31 |
Coordinator
Join Date: Feb 2003
Location: Seattle, WA
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Visiting a friend tonight who is in the WaMu IT department. I'm sure he's going to be up for drinking.
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We have always been at war with Eastasia. |
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