When I fail, I fail big!
Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in American history.
I suspect my grandchildren will tell cautionary tales to their kids about "Grandpa Mark and the Crazy Bank" as a dire warning not to invest in financial services.
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1 comment:
You DO understand that there won't BE any grandchildren now because YOUR son can't afford a date now, let alone a marriage and children..... RIGHT? :)
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