US Bank (fka NYSE)

[feint]

Bye Bye WAMU Pension!?

WaMu employees likely to lose pensions; many to lose jobs

Scharf, who spent a chunk of the conference call answering blunt questions from employees, said employees’ pension plans are part of WaMu’s business that’s held up in Chapter 11 bankruptcy, so it’s not J.P. Morgan’s responsibility to honor them. That likely means employees who are currently accruing money into the plan as well as employees who are already retired might be cut off.

http://sacramento.bizjournals.com/sacramento/stories/2008/09/29/daily87.html

END IS near? Gold > Fiat currency
http://mining101.blogspot.com