Financial Collapse

Still Waiting on that Change…

July 14, 2009

Today I read an article about President Obama stating that the jobless claims will increase before the end of the year, which is not only discouraging to one like myself who is looking for a job, but also disheartening when one thinks of all those people out there who are struggling to support their families [...]

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WaMu Fizzles but the CEO Keeps His Money?

September 26, 2008

I was reading an article in New York Times about Washington Mutual’s collapse, Government Seizes WaMu and Sells Some Assets when I came across this: But the seizure and the deal with JPMorgan came as a shock to Washington Mutual’s board, which was kept completely in the dark: the company’s new chief executive, Alan H. [...]

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