InsideWaMu

Since the earnings call when the bong-hitting analysts blew it and failed to ask Kerry or Tom about post-IndyMac deposit runoff, I’ve been begging WaMu on the blog to publicly disclose just how much deposit runoff they’ve seen so we can assess WaMu liquidity.  I’m sure my miniscule blog had nothing to do with it [...]

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One of the most amazing things about the recent credit crunch is how it blindsided nearly everyone in the industry except John Paulson  (who turned a nifty $3.7B profit shorting subprime bonds in ‘07).  CEO’s heads have rolled, bigger banks are starting to fail, and Wachovia just admitted Friday that buying Golden West for $25B was [...]

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As WM gears up for the July 22nd earnings call, compiling earnings and writing out the press releases what song do you think Kerry, Tom and TPG are jamming to this weekend on floors 31-33 (while NOT drinking the recently discontinued 31-33 floor executive water)?  Here’s my vote:

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