Showing posts with label WaMu. Show all posts
Showing posts with label WaMu. Show all posts

Wednesday, October 15, 2008

WaMu Finally Not KuKu

It's been almost a month since WaMu melted down and caused me woes due to taking way too long to credit a couple checks that'd been deposited.

Today, WaMu finally made good on their mistakes, re-imbursing me for what their mistakes had cost me. And sending letters to those with whom WaMu had caused a problem for me, explaining it was their problem, not mine.

So, I felt better about WaMu this afternoon. And so I deposited the first check since the WaMu Meltdown Debacle.

Was there anything odd about this deposit? Yes. There was. This time the receipt says the full amount of the deposit is available. I'll hold onto that receipt.

Wednesday, September 17, 2008

WaMu And Other Economic Disasters

Washington Mutual pulled out of Krogers, here in Texas, a couple years ago. This made the closest WaMu to me about 9 miles. The 18 mile roundtrip to deposit a check costs a gallon of gas. Something seems wrong about that.

I'd been noticing a new construction near my friendly neighborhood Super Wal-Mart. Last week it identified itself. It's a new WaMu branch. This is a good thing.

But, WaMu seems to be in trouble. When they pulled out of Krogers they were in trouble. And now those troubles have gotten way worse. So, I'll just assume this new WaMu won't get finished, so as to avoid anymore disappointment in my disappointment heavy life.

All these bad things happening to famous names like Merrill Lynch makes me nervous. I fear we are heading towards some bad bad times.

John McCain wants to assemble a commission to look into these vexing economic issues. Wasn't it a commission that recommended all that de-regulating that's led to the desperate situation we're now in? Wasn't John McCain part of a long ago bank type scandal? Something called the Keating Five. Or Fifteen. It's so hard to remember. I guess I could look it up.

At least Barack Obama seems to understand we've got some serious problems. Though I don't hear a lot of re-assuring solutions. Probably because there aren't any.