Friday, September 26, 2008

Did anyone notice, we've already had a run on a bank?

From Marketwatch: Withdrawals by customers ultimately sank WaMu:

WASHINGTON (MarketWatch) -- Washington Mutual (WM:
Washington Mutual Inc M 0.16, 1.53, 90.3%) customers withdrew $16.7 billion in cash from the thrift in the past nine days, a huge outflow that led to the largest bank failure in U.S. history, the institution's regulator said Friday.

Hello? !!! McCain fiddles, derails and changes the topic while we burn.

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