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#1 |
Clit Commander
Join Date: Feb 2008
Location: Las Vegas
Moto: 2012 Ducati 1199 Panigale S
Posts: 4,189
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Washington Mutual was recently shut down and its remaining assets were bought out by JP Morgan. My wife has a credit card with them, does this mean she doesn't need to pay it any more?
http://news.yahoo.com/s/ap/20080926/..._mutual_future
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#2 | |
Hold mah beer!
Join Date: Feb 2008
Location: 80 Miles South of Moto Heaven
Moto: 08 R1200GS
Posts: 23,268
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It means she will be paying to Chase or the government, whoever owns her debt now.
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#3 |
Clit Commander
Join Date: Feb 2008
Location: Las Vegas
Moto: 2012 Ducati 1199 Panigale S
Posts: 4,189
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Damn. Wishful thinking, I guess. If it went bankrupt, it'd be a different story though, right?
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Dress for the crash. Not the ride. ![]() |
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#4 | |
Hold mah beer!
Join Date: Feb 2008
Location: 80 Miles South of Moto Heaven
Moto: 08 R1200GS
Posts: 23,268
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No, that would just protect the company from paying other people, you would have to pay it though. You would have to declare bankruptcy to not pay them.
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#5 |
WSB Champion
Join Date: Feb 2008
Location: Springfield, MO
Posts: 7,146
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Stock market has been insane lately with the takeover, bailout plan, banks closing, etc. Warren Buffett is going to invest 5 billion in Goldman Sachs in the next couple of days. Guess we will see what that does.
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#6 |
too much time on my hands
Join Date: Jul 2008
Location: the northern district of god damn
Moto: 01 ZX6R, looking for more now.
Posts: 1,802
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the short of it is, we're fucked as a country. I'm not going to sugarcoat it cause I'm 99% positive that we're gonna hit another depression.
where to pin the blame though, is a VERY complicated issue and I'm not even going there, cause theres a LOT of people to blame. |
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#7 |
Ride Like an Asshole
Join Date: Feb 2008
Moto: nothing...
Posts: 11,254
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Fuck me... WaMu is my bank and I had NO IDEA this shit happened... and I'm usually up on current events.
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#8 | |
Letzroll
Join Date: Feb 2008
Location: Lake Norman area, NC
Moto: 07 Red R1 & 07 Blue R6
Posts: 5,265
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![]() Quote:
![]() I do agree with the "where to pin the blame" part...plenty of "blame" to go around. Most want to blame Bush and the Republicans...which should bear part of the blame...BUT they may want to look a little further back too. ![]() |
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#9 | |
Ride Like an Asshole
Join Date: Feb 2008
Moto: nothing...
Posts: 11,254
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#10 |
Moto GP Star
Join Date: Feb 2008
Posts: 12,156
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