This is what happens

[lori_thantos]

when you let stupid people have money:

http://online.wsj.com/article/SB122238415586576687.html

Starting Sept. 15, the day that Lehman filed for bankruptcy protection, WaMu's customers began heading for the exits. Over the next 10 days, they yanked a total of $

Comments

[liberpolly]

oh cmon, this bank was toast because of bad mortgages, not stupid customers. if anyone was stupid it'd be wamu management.

[lori_thantos]

Stupid acts on the part of the management? Yes. Does this forgive stupid acts on the part of the customers too? Not in the least