Word on the Street Impending Major Bank Failure

[Carnivore]

The word on the financial streets this morning is that there is a major Bank Failure Pending. Fed poised for takeover!

Anybody want to guess which one?

 

[Non Sequitur]

WaMu.

No insider info, just something I read on another board. But I hope not, I like the credit card have through them.

 

[John Hassler]

I don't know who the lender its but here's a headline I'd like to see, and often:

"Another shady fast-and-loose lender folded today, the void quickly filled by ethical and competent money providers"

 

[Doug Wegener]

Indymac, maybe?

 

[redfish]

National City?

 

[Lobo Fan]

I would hope that it would be the great Satan, B of A.

 

[dobie]

Maybe Wachovia

 

[Scott Kibler]

The magic 8 Ball says all signs point to Wamu.

 

[Michael Tipton]

Why speculate? Make some popcorn and wait for the story/spin to start.

 

[Metamorphic]

The magic 8 Ball says all signs point to Wamu.

Should I hint to my mother-in-law that she move her account?