In what is by far the largest bank failure in U.S. history, federal regulators seized Washington Mutual Inc. and struck a deal to sell the bulk of its operations to J.P. Morgan Chase & Co.
The closing represents the demise of what once was the largest U.S. thrift but came to symbolize many of the worst excesses of the mortgage boom. Federal regulators said WaMu has suffered an exodus of $16.7 billion in deposits since Sept. 15, leaving the Seattle thrift “with insufficient liquidity to meet its obligations.” As a result, WaMu was in “an unsafe and unsound condition to transact business,” according to the Office of Thrift Supervision.
â€œWitchcraft is a sad reality in many parts of Africa, resulting in scores of deaths in Kenya over the past two decades. Bishop Mutheeâ€™s blessing, then, was simply a reflection of his cultural understanding of evil. While others are not obliged to accept his interpretation, all can be expected to respect it. More than thatâ€”Muthee should be hailed for asking God to shield Palin from harmful forces, however they may be manifested. And for this he is mocked and Palin ridiculed?
Q. Yo dude, u missed out on “Disaster Movie,” a hardcore laugh-ur-@zz-off movie! Y U not review this movie!? It was funny as #ell! Prolly the funniest movie of the summer! U never review these, wat up wit dat?
S.J. Stanczak, Chicago
A. Hey, bro, I wuz buzier than $#i+, @d they never shoed it b4 hand. I peeped in the IMDb and saw it zoomed to #1 as the low$ie$t flic of all time, wit @ lame-@zz UZer Rating of 1.3. U liked it? Wat up wit dat?