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Requiem For a Dream Season
Washington Mutual stock closed down today (why haven't we made that into auto-text yet?), at $2.01, which is also the price of this Murder City Devils DVD on eBay. The market closed down 500. The Fed let the market put a bullet in the head of Lehman Brothers over the weekend, and the Merrill Lynch bull was sold to the Bank of America slaughterhouse, so no one's in the mood to buy WaMu's pigs-in-a-poke shares. If our local savings and loan goes woohoo, though, we know who to blame. Or not. Scientific consensus our ass.
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In Woodinville there's a hole-in-the-wall charcuterie named Bill The Butcher which has the most outl
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Not a stellar day for WaMu today:
WaMu's credit rating was lowered to 'junk' in the after hours today.
Rumors abound that WaMu owned a bunch of Lehman debt, which is now worthless.
Bank of America's CEO said today they would not consider buying WaMu.
They are dead.
They slid to $1.80 in after hours, too. Oh, it's just gruesome out there.
Holy crap.
Im losing my ass with that stock.
Luckily Ive got money on Dov Charney and American Apparel! Now THERES a man I trust to not drag his stock down!
Wow I better not ever run a hedge fund.
Dr. Tantillo, who has a marketing blog , did a post a few days ago on WaMu, saying that their marketing campaign (i.e., goofy commercials ridiculing old-style bankers and trying to give the bank a supposedly hipper image - ) was at the least a sign that their company was headed the wrong direction.
Dr. Tantillo blogs from a branding perspective, and posits that any company must stay true to its brand's 'core features' to succeed.
"As with most of the marketing losers of the past, WaMu put 'image' marketing first and let rapid growth eclipse brand and marketing fundamentals."
"One clear takeaway from the WaMu debacle is this: any advertising you do should reflect what your company, brand or service is all about and, in doing so, reinforce for you what your brand essentials are and who your Target Market is."
Here's a link to the full post