
If it seems like everything at WAMU is dying, that’s because it is. The stock fell to its lowest price since 1995 at just $7.53 a share last week, sending confidence in the struggling bank back into the sewer. To add insult to injury, the locally-based Falcon Research Group also announced the baby falcons living atop the WAMU Tower are all dead.
The baby falcon mortality comes as a mystery to scientists, but shareholders of the disgraced bank may begin connecting the dots in a sordid pattern of death coming from everything that’s come into contact with Kerry Killinger over the past several months. Stay tuned for more.
Photograph courtesy of seattlescott69 from the Seattlest Flickr Pool

Tuesdays are Muppet Days


WM actually hit 6.01 on Tuesday...the lowest since 1992! It did bounce up about ten percent after that to close at 6.68. Still not very pretty for a stock whose 52 week high is a little over 44 dollars.