Tag Archives: washington mutual inc

Banks With All Their ‘Capital’ In Junk Loans

Downey Savings, and then not far behind them, First Federal and Washington Mutual are going to have all the "capital" in junk loans.  No one should have any faith in the banking system and should move their money out of … Continue reading

Posted in Economics | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Banks With All Their ‘Capital’ In Junk Loans