Another One Bites the Dust

[furrbear]

Adios WaMu.

J.P. Morgan Chase has acquired WaMu for $1.9 bln (MSNBC.com). (Fire Sale Pricing!!! for assets of $310 bln)
(Bloomberg.com) (NYTime.com)

Wonder if they'll finally give me a non-usurious interest rate?

Comments

[that-grr.livejournal.com]

wamu is the one charging me the 30% APR on my credit card

[blktalon.livejournal.com]

and what does it mean for those of us who have accounts there in the long ran.

[theevilnub.livejournal.com]

I had similar hopes for when BofA bought Fleet, but didn't happen. They bought a line of credit I had with MBNA as well. To this extent, BofA seems to treat those who originally were BofA customers a bit better than those of banks it's acquired.

Not sure if this will be the same situation with JP Morgan Chase acquiring WaMu, but I wouldn't get my hopes up. If anything, they will probably raise rates in order to help finance this purchase.

[robearal.livejournal.com]

Looks like I'm being forced out of the biz at just the right time. Hopefully my bank will pay my severance before anything happens to them.

HSBC

[s2dbaker.livejournal.com]

I hate to promote one bank over another but I've gotten a pretty good deal with HSBC over the ages. I never had unpleasant surprises with them. Disappointments, yes but never a nasty surprise.

[showmegrizz.livejournal.com]

I'm only sad to see the WaMu TV commercials bite the dust...
Hot older guys NAKED...
*SiGh*

[furrbear.livejournal.com]

It's so tempting to take the last letter where they trimmed another $150 off my $6000+ limit, obscure any identifying info, write "HA HA!!!" in marker and send it back to them.