[Finances] Oh boy! My bank failed!

Yep. I’m a Washington Mutual customer. Although I only keep about $100 in my WaMu checking at a time, since I’m really an INGDirect customer. According to the Gray Lady, J.P. Morgan now holds my account.

I’m okay with that.

The real losers are the bondholders and stockholders, whose investments are now really fancy toilet paper.

And the guy who’s been CEO of WaMu for three weeks? Gets a severance package of $19.1 million dollars.

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One Response to [Finances] Oh boy! My bank failed!

  1. Dave says:

    I got a roll of quarters for laundry from WaMu yesterday; just in time! 😉

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