Remember yesterday when I talked about Wachovia remembering my original post about them hunkering down?  Looks like they hunkered a bit too far.  To the template! What Happened? Amid the fallout of the WaMu failure and takeover, rumors about a Wachovia failure came to the front.  The funny thing about these failures is they’re self-fulfilling. [...]

I received an email this weekend from Lolly.  Lolly, is a phisher, she wanted me to help her transfer some money out from Holland.  Feel free to send Lolly an email like I did.  Here’s my response: Lolly! Thanks so much for reaching out to me, I’m in the perfect position to help you out. [...]

I doubt that name would stick, its too long already.  I like the name of WaMu, but Washington Mutual is boring.  Expect this purchase to eliminate the WaMu brand altogether.   So once again, we do the format of the financial crises analysis: What Happened? WaMu (slogan: “Whoo Hoo!”, no joke) was one of those [...]

I do have a few readers from overseas places like Canada, Mexico, and Wyoming so I want to clarify that this is American Football.  I’m talking 350 lbs 6’7″ diabetics pushing eachother around football.  Not your silly game where you actually use your foot.  Just kidding, I love “soccer” and played it quite a bit [...]

Remember some weeks back I did a weekend edition on Qvisory?  They are basically an AARP for my generation (18-34).  They have a blog, and up until September 23 it was a pretty good blog.  But they seem to think I know what I’m talking about and asked me to re-post some of my blogs [...]

Maybe its the All In Group, or American Insurance Giant?  Whatever it is, The Fed decided they were too big to fail.  Two months after President Bush said we would not bail out private industry, we’ve bailed out the largest portion of the mortgage market (Fannie/Freddie) and now the largest insurer on the planet. It’s [...]

The article linked below from Market Watch is the perfect example of the problems with our government.  Stuff just can’t get done… The reaction to the news of our government buying up billions of bad debt from all the banks was mixed.  If you own stock in these banks (like I do) you were likely [...]

Obviously the big news lately revolves around the credit crunch.  AIG’s problems stem from it as well.  But the most shocking news has been the fallout of the largest investment firms history has ever known.  Bear Stearns, Merrill Lynch, and Lehman Brothers are all but dead.  Merrill will live on only as a brand of [...]