Which bank is falling next ?
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Wamu rating at bankrate.com is 'Junk'
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cash your money out of WAMU
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The remaining giants are Credit Suisse, UBS, JP Morgan, Citibank, Morgan Stanley, Goldman Sachs, Barclays and Washington Mutual.
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The remaining giants are Credit Suisse, UBS, JP Morgan, Citibank, Morgan Stanley, Goldman Sachs, Barclays and Washington Mutual.
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JP Morgan is probably the last one to go because they lend conservatively and not making greedy ridiculous loans to any bum who can't afford them. |
Can't say that, because they are into Credit Card business as well. As per another theory, the next bubble is going to be the 'credit card'. As the um-employment rate goes up, people are using their Credit Card and think what would happen, if they are not going to pay the money and file bankruptcy.
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No bank is a good bank. They don't work for you and they just want your money to make good profit of it. They all are just a piece of sh......................ttttttt!!!!
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anyone here recently closed any a/cs from the above banks due to recent news?
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make sure that you have FDIC insurace covered if you leave money in any banks, upto $100,000.
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