Washington Mutual has been sold off entirely to JP Morgan, in what is stated to be the biggest bank failure so far. WaMu stock fell a fantastic 90% to 16 cents. http://online.wsj.com/article/SB122243718542978849.html?mod=googlenews_wsj The Dow opened lower and is limping insipidly, 17 points down at 11004. The NASDAQ is 1.2% down however Apart from that the bailout plan continues to be in discussion, with senators questioning why there is no acountability, no cover for the tax payer, and no rules for overpaid executives, built into the plan. Regards Admin <http://www.streettalk.in/> www.StreetTalk.in (RSS feed: <http://streettalk.in/streettalk.rss.php> http://streettalk.in/streettalk.rss.php) Latest trading calls on http://streettalk.in/main.php?section=call_listall (go and discuss and vote for the best!) Latest research reports on http://streettalk.in/main.php?section=files
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