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Tuesday, 11/18/2008 3:50:05 PM

Tuesday, November 18, 2008 3:50:05 PM

Post# of 730146
I was looking back...
I do believe this is a lie...
Were they not offered $8 a share? LOL this goes to show how uneducated/biased some reporting is.

"The fact that no bank was willing to buy WaMu until it failed shows how badly confidence has eroded in a banking system awash with record profits just a few years ago. Faced with deepening losses on mortgages, credit cards and other loans, big and small banks across the country are struggling with what many bank executives say is a crisis far deeper than the savings-and-loan debacle."

http://online.wsj.com/article/SB122238415586576687.html

—Damian Paletta and Peter Lattman contributed to this article.

Write to Robin Sidel at robin.sidel@wsj.com, David Enrich at david.enrich@wsj.com and Dan Fitzpatrick at dan.fitzpatrick@wsj.com

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