@ the WaMu's who think their bank is the when it's close to going s up. They hold a ton of ty mortgage paper and are really struggling to stay solvent. If my money were in there today, it would be out tomorrow.
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Not saying WaMu is the but I don't think it is as bad as you make it out to be.
Can You Trust Bankrate’s Bank Safety Ratings?
http://www.fivecentnickel.com/2008/0...afety-ratings/
In case you haven’t been paying attention, bank failures are on the rise. Given this little tidbit of nerve jangling information, I’ve recently spent some time writing about the safest online banks, as well as the banks at greatest risk of failure.
With that as a backdrop, I though it would be interesting to take a look at the reliability of Bankrate’s Safe & Sound rating system, upon which my list of safest online banks was based. This is admittedly a very anecdotal account, but it’s interesting all the same…
The Safest Online Banks: Is Your Savings Account in Jeopardy?
http://www.fivecentnickel.com/2008/0...t-in-jeopardy/
Note that there are two WaMu-related listings — Washington Mutual FSB (5 stars) and Washington Mutual Bank (1 star). Ken chimed in (comment #13, below) to point out that the latter one has the lion’s share of deposits, suggesting that it’s the “real” WaMu.
