Thursday, September 25, 2008

Washington Mutual

Here's ago, my wife and set up our first joint bank account with Washington Mutual in Sacramento California. Now that bank is on the verge of failure and federal take-over in the states. This would be (in nominal terms at least) the larges bank failure in U.S. history and will have effects across the entire economy.

We still have $209.34 in our account. I hope it's safe.

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