Note: WaMu not even mentioned! It never is when the discussion is about the biggest financial meltdown since 1929. Ironic I think, since WAMU was the biggest bank bk in history. And nobody wants to talk about it...not even the media. Still. jmo
It just shows that WMI even though was in trouble to a point was not part of the financial crisis as made out to believe. WMI did have a plan and they also had a plan if executed could have stabilized themselves without the help of the Government including the use of TARP.