Tag Archives: WAMU

Looking for a great return on your investment? Try WAMU.

Tweet High yield savings yields a wonderful 0.1%! AWESOME!   Hmm… is that mistake i see? let me zoom in… Wow. That’s just crazy. How does WAMU make any profit by borrowing money from you at 0.01% and lending it out at 5-6%? Try this yourself and see how crazy WAMU is. * End of sarcasm [...]

WAMU like a washed up Shamu

Tweet When WAMU stock first tanked from 60 bucks to 3 bucks, that’s when I started to get a notice… thinking “ah crap, bank failure, here we come” I’m not afraid of banks failing… but what I afraid of is the damn herding effect. It’s not the actual event, but the response from the masses. [...]