It seems like only days ago that we were being told that WaMu's incoming CEO, Alan Fishman was ready to turn lead into gold: "I do think I have the skills to take it to the next level." But the next level sounds like drumming up curb appeal for the beleaguered savings and loan. Today the New York Times says that WaMu's shopping for buyers. Goldman Sachs is playing matchmaker, and has sounded out Wells Fargo, JPMorgan Chase and HSBC. Good luck with that. WaMu closed today at $2.01, rising slightly in after hours trading.
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Continue reading "WaMu Puts Itself Up for Auction"
It's safe to assume that Sharon Jones is cooler than you. The current queen of neo-funk/soul grew up in Macon, Georgia and Brooklyn, singing in church before ending up doing session work in the '70s as the anonymous vocals on dance and disco records. Without a solo contract of her own, she left the industry and took odd jobs like corrections officer at Rikers Island and Wells Fargo armored car guard.
Continue reading "You and Ms. Jones"
-Four percent of the country's beer went up in smoke in a warehouse fire in Yakima yesterday.
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