THE BORE

General => The Superdeep Borehole => Topic started by: The Fake Shemp on September 17, 2008, 08:20:08 PM

Title: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 08:20:08 PM
RUN FOR YOUR MONEYS!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Human Snorenado on September 17, 2008, 08:22:10 PM
Let's buy it.  I got 5k on it.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 08:23:37 PM
I'm like, immediately transferring my cash to my SunTrust account tomorrow.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Fresh Prince on September 17, 2008, 08:24:54 PM
 :lol So are there are any more soon to be bankrupting companies left?
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 08:25:56 PM
Yep!

IT AIN'T OVAH, BABY.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: BlackMage on September 17, 2008, 08:27:41 PM
how bad would things have to become if Bank of America did the same thing?
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Joe Molotov on September 17, 2008, 08:28:28 PM
Good thing I've already got all my money invested in videogames and DVDs.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 08:29:43 PM
how bad would things have to become if Bank of America did the same thing?

I think Bank of America is in relatively good shape still.

These just aren't banks going belly up for the hell of it.  All of these money grubbers were involved in subprime lending and the mortgage crisis some way or another.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Human Snorenado on September 17, 2008, 08:32:08 PM
Yeah, BoA just bought Merrill Lynch so I think they're good.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 08:38:47 PM
Time to go to the gold standard!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: CajoleJuice on September 17, 2008, 08:39:47 PM
Bank of America is where I have my money wooooooo

My sports teams may suck, but at least I pick my banks right!






I hope
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: CajoleJuice on September 17, 2008, 08:41:49 PM
My friend just opened up an account at WaMu in the past year.

Owned.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Van Cruncheon on September 17, 2008, 08:42:42 PM
why would one move banks? they aren't gonna block access to funds until they close the doors -- which they won't any time soon. your funds are also federally insured through the fdic. you'll wind up with another logo on your debit card, but moving yer money to a different bank is an unnecessary headache at this time.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: CajoleJuice on September 17, 2008, 08:43:47 PM
We need a bank stock thread. It'd be like sales-age.


only it would kinda matter
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 08:45:35 PM
I have like 1500 in wamu right now.  It's just right around the corner so it was too easy. :'(

But it's all FDIC insured and you should be able to get that money pretty easily, from what I know of the system.

Prole, I had already created a new account on the East Coast because there are simply no WaMu branches here.  I had been using the account to pay some debts and automated bills from.  Since it's not easily accessible, it's been nice to stow money there because I can't easily access it.

I even have it as an External Account attached my to WaMu checking.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Van Cruncheon on September 17, 2008, 08:47:26 PM
i really should move to a credit union, though. banks are lame.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 08:47:32 PM
Wells Fargo might survive this dark time in American banking, though!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Human Snorenado on September 17, 2008, 08:48:24 PM
i really should move to a credit union, though. banks are lame.

Credit Unions :rock

I have all of my savings in a credit union.  I have a BoA checking account, tho.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: CajoleJuice on September 17, 2008, 08:49:22 PM
Can you guys please educate a former dirty poor like me as to the advantages of a credit union?
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Flannel Boy on September 17, 2008, 08:49:29 PM
Put your money in Canadian banks.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: demi on September 17, 2008, 08:49:46 PM
Can you guys please educate an emerging dirty poor like me as to the advantages of a credit union?

Better interest I think
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 08:50:31 PM
Can you guys please educate a former dirty poor like me as to the advantages of a credit union?

None.  Credit unions are for anti-establishment socialists!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Human Snorenado on September 17, 2008, 08:54:28 PM
Can you guys please educate a former dirty poor like me as to the advantages of a credit union?

None.  Credit unions are for anti-establishment socialists!

Like John McCain!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Van Cruncheon on September 17, 2008, 08:57:16 PM
and, ironically, the cash they extract becomes worthless!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Human Snorenado on September 17, 2008, 08:58:28 PM
lol - if everyone pulls thier cash out of corporate banks, we are all fucked

Fuck, I know!  Haven't any of these feggits seen fucking MARY POPPINS???
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 09:01:22 PM
I'm pretty sure if you go on a bank run, you get your money and it's all good.  God, you people are worry warts!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: demi on September 17, 2008, 09:02:23 PM
Then we go and blow it all on Slots
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: The Fake Shemp on September 17, 2008, 09:03:04 PM
That's a good idea!  Fuck you fuckers, I'm taking my cash to Vegas!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: MrAngryFace on September 17, 2008, 09:08:11 PM
Im too lazy to bother, maybe someday lol
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Tauntaun on September 17, 2008, 09:17:21 PM
I'm glad for this thread, we have our account at Wachovia but we're looking for a new bank when we move to Brooklyn because there aren't any in Brooklyn.  Now I know not to go WaMu.  I think there's some Commerce banks there.  Don't know much about them though. 
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Van Cruncheon on September 17, 2008, 09:19:57 PM
i'm going to scream "i want to make a deposit in the anus fund!" and start jerking it all over the oldest lady i see
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Tauntaun on September 17, 2008, 09:20:50 PM
i'm going to scream "i want to make a deposit in the anus fund!" and start jerking it all over the oldest lady i see

vid plz kthnx
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: GilloD on September 17, 2008, 09:21:08 PM
COMMERCE BANK FOREVER. Their interest rates are balls, but their day to day banking is so fucking fantastic.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: jiji on September 17, 2008, 09:22:58 PM
I'm with WaMu. I'm gonna need to open a new checking account elsewhere if this keeps going.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Tauntaun on September 17, 2008, 09:23:40 PM
COMMERCE BANK FOREVER. Their interest rates are balls, but their day to day banking is so fucking fantastic.

Sweet, I'll definitely look into them, thanks broham.  :-*
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: GilloD on September 17, 2008, 09:26:51 PM
COMMERCE BANK FOREVER. Their interest rates are balls, but their day to day banking is so fucking fantastic.

Sweet, I'll definitely look into them, thanks broham.  :-*

Their interest rates are like. 2% or less. But if you EVER have ANY problem, you will literally be on the phone with a REAL, HELPFUL person in under 30 seconds. The people at the bank are also nice, they have free lolipops and taffy and piggy banks and they all have baffrooms. Plus, they don't nickle and dime you on shit.

Downside is that there aren't a ton of them near me, but there's one in Union Square and one in brooklyn Heights/Cobble Hill (TRADER JOES NEXT FRIDAY THANK FUCK) for sure. I'm certain there are others, but I only know those.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Oblivion on September 17, 2008, 09:34:18 PM
Shit, 90% of my monies are in Wamu, and 10% in Wells Fargo. Am I in deep shite?
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: MrAngryFace on September 17, 2008, 09:35:59 PM
lol no one here then
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Mr. Gundam on September 17, 2008, 09:38:37 PM
i really should move to a credit union, though. banks are lame.

I used to bank through BECU, but someone broke into my account and they refused to refund me the money.

We now use Wells Fargo.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Rman on September 17, 2008, 09:39:45 PM
Ugh what a fucking headache. If they close and I end up having to redo all my direct deposits and automatic bill paying, I'm going to be pissed.
same here.  i hope they pull through.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Van Cruncheon on September 17, 2008, 09:45:09 PM
sadly, i think the blame for this one can be laid at clinton's feet, who signed phill gramm's godawful new investing act in 1999 that let banks become greedy distinguished mentally-challenged fellows.

le me amend that: the blame can be laid at ayn rand devotee alan greenspan's feet.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Van Cruncheon on September 17, 2008, 09:48:00 PM
lolbertarians: they never know when to quit with the free market voodoo.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Human Snorenado on September 17, 2008, 09:49:24 PM
(http://img.photobucket.com/albums/v180/Triumph/camacho.jpg)
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Eric P on September 17, 2008, 09:50:21 PM
my GF is WaMu.  she was trying to get me to open an account a few months ago, but i was all like "i'm happy with wachovia"  but now i see i need to put it all into USAA
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Mr. Gundam on September 17, 2008, 09:56:29 PM
We've known that Washington Mutual has been in trouble for a long time now here in the greater Seattle area, I figured everyone knew...
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: cool breeze on September 17, 2008, 10:02:46 PM
Is anything going down with PNC or are they just fine?
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: CajoleJuice on September 17, 2008, 10:09:24 PM
no

:usacry
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Van Cruncheon on September 17, 2008, 10:10:46 PM
(http://i37.tinypic.com/dmya6u.jpg)
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: recursivelyenumerable on September 17, 2008, 10:40:13 PM
Quote
over 100,000 in wamu.

sounds like a JRPG currency

I've had pretty good experiences with BOA, though I've heard horror stories from others.  Maybe it's just that the women/gay guys at the local branch all like me a lot.   :-*
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Himu on September 17, 2008, 10:42:08 PM
BANK OF AMERICA :bow :rock
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Kestastrophe on September 17, 2008, 10:43:59 PM
Will someone smart adopt me please?

they dont let gays adopt
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: tiesto on September 17, 2008, 10:44:26 PM
I got all my money in Bethpage Federal Credit Union :rock
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Bocsius on September 17, 2008, 10:54:58 PM
If Bank of America ever went under, the country would officially be toast. Maybe Canada would let us in. Doubt it, though. Who needs more filthy poors?
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Human Snorenado on September 17, 2008, 10:58:03 PM
If Bank of America ever went under, the country would officially be toast. Maybe Canada would let us in. Doubt it, though. Who needs more filthy poors?

Maybe we'd be going to Mexico to work in their fields?  I wonder what Lou Dobbs would bitch about then!  His head would probably asplode.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Bocsius on September 17, 2008, 11:00:12 PM
Maybe we'd be going to Mexico to work in their fields? 

North Carolinians sneaking into Mexico. Quite the reversal.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: recursivelyenumerable on September 17, 2008, 11:24:30 PM
"So what you're saying is, if I have to start my accounting somewhere new, BoA is the B of Choice."

SW 5th & Stark!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: xnikki118x on September 18, 2008, 12:34:15 AM
i really should move to a credit union, though. banks are lame.

Credit Unions :rock

I have all of my savings in a credit union.  I have a BoA checking account, tho.

I have EVERYTHING in a credit union. 3.5% interest on my savings account!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Human Snorenado on September 18, 2008, 12:36:19 AM
i really should move to a credit union, though. banks are lame.

Credit Unions :rock

I have all of my savings in a credit union.  I have a BoA checking account, tho.

I have EVERYTHING in a credit union. 3.5% interest on my savings account!

Nikki :rock

You're a smart lady!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Reb on September 18, 2008, 04:12:19 AM
I'm starting to get worried, I have a ridiculous amount of savings at one dutch bank.
I think I'm going to spread my money over multiple saving accounts at different banks.  :-\
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Olivia Wilde Homo on September 18, 2008, 01:59:17 PM
:bow Credit Unions :bow2
:bow Local Banks :bow2

The US will recover from this.  Keep in mind, we're not talking about the return to the 14,000 Dow days when it was that high due to speculation and smoke and mirrors tactics.  It will need some competent leadership though and not a lolbertardian or a Neocon halfwit.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Van Cruncheon on September 18, 2008, 02:50:44 PM
yeah, when this all settles, i am totally moving to a credit union
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: muckhole on September 18, 2008, 06:26:42 PM
Just hide it in a sock in your top drawer!
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Snuflupagulus on September 18, 2008, 07:02:20 PM
lol.  My wife works for the FDIC.

We hold our accounts at a credit union.  Better interest rates, among other things.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: patrickula on September 18, 2008, 07:19:14 PM
Can anyone explain what's so great about credit unions?  Possibly better interest rates and...?
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Oblivion on September 18, 2008, 07:33:08 PM
No.  Unless you have over 100,000 in wamu.

Oh, thank god. Seems being a filthy poor was the best decision I've ever made so far. :pimp
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Flannel Boy on September 18, 2008, 07:34:09 PM
International Willcos will find a way to get their hands on your money.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Snuflupagulus on September 18, 2008, 07:50:04 PM
Broad Generalizations, but...

CUs typically have higher interest rates, more favorable lending practices, a greater customer service mandate, more transparent fee structures, etc.

This is all broadstrokes, though, in both specificity and characterization of CUs as a whole

Biggest potential downfal:  ATM in-network availability.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Beardo on September 18, 2008, 09:12:29 PM
Credit unions are where the money is at.
Title: Re: BANK RUN! BANK RUN! WaMu PUTS ITSELF UP FOR SALE!
Post by: Snuflupagulus on September 19, 2008, 07:50:54 PM
Add another, admittedly small one, to the Big Pile of Shitty Banks '08:

Ameribank (http://www.fdic.gov/bank/individual/failed/banklist.html)