Quote:
Originally Posted by PeppyGPhiB
The only reason people pulled their money out of WaMu was because they knew the bank was going to be federalized or go bankrupt.
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Yeah - that's very true, this was like the worst-kept secret in America over the last few weeks . . . the whole situation sucks, but this sort of rumor-mongering and news-by-whisper seems really bad to me. Isn't that the sort of thing that exacerbated the Great Depression?