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Reload this Page Wamu is fine, do not withdraw funds.
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Old 09-15-2008, 08:15 PM   #1
mikejet mikejet is offline
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Default Wamu is fine, do not withdraw funds.
Regardless of what some people may say and what the news headlines say Wamu is fine. Withdrawing your funds and causing a panic run on the bank will hurt them.

Facts:
1. Wamu has access to 50 billion in liquid capital.
2. They are a FDIC insured bank. Your money is safe.
3. The market will recover.

Lets help prevent another bank from going down by NOT CAUSING a bank run. Inform others that their money at Wamu is safe!

I've gotten calls from all my friends saying to withdraw money from Wamu but that's the exact opposite of what everyone should do!

Just a little FYI
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