I checked the news on my phone this evening after a several-hours hiatus from all things internet. My phone told me I am now a Chase Bank customer.
The Office of Thrift Supervision, part of the Department of the Treasury, closed down Washington Mutual (WAMU) and sold it off to Chase Bank. As of 10:58 PM CDT, the Washington Mutual home page gives no hint:
An old curse is “may you live in interesting times.”
I am cursed.
Several years ago when I was thinking about buying a condo, Washington Mutual was doing all they could to sell me on one of their “Documentation? We don’t need no stinking documentation!” ARM loans. I told them I was only interested in a 30 year fixed and they kept arguing, “But that’s the most expensive way to buy a house!”
I am really glad I didn’t buy anything at all back then.