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WAMU Bank Failure

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MJ DeMarco

I followed the science; all I found was money.
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HEADLINE: Washington Mutual Largest US Bank Failure Ever

Several weeks ago, I saw this coming by just paying attention to my environment.

I was driving home and I saw a sign on the roadside shoulder ... 3 month CD, 5% ... visit WAMU ahead!! Now, I own CD's and buy them frequently. 5%, 3 month CD is way above market and almost too-good-to-be-true. Well, it was and I knew immediately something was amiss.

However, what makes this a "Funny" is this: The roadside sign was a homemade sign on a posterboard and written in chicken scratch. I immediately pictured the story:

Bank Manager: [To Teller] Rosalie!! The bank is failing! We need deposits! Make a sign and put it on the road! 3 Month 5% CD!

Teller: Sign? Do we have any?

Bank Manager: No, go down to Safeway and buy some magic markers and a poster board, make it yourself, and stick it in the ground with a painter stick.

Teller: Uh ... OK.
 
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ev gostv hmepdi O xet xupfisoph xjz Xena jef e fiem csulisif up e Vjastfez optvief ug vji pusnem "Cepl Geomasi Gsofez" ....

nezci sihamevust xepvif vu tvsitt vji iraovoit neslivt vu fsowi e gosi apfis mihotmevoup't cavv vu ipedv vji? xju lpuxt... qsucecmz e nommoup duptqosedoit emsiefz....

muul gus e nihe gmohjv vu vji vsietasoit eheop
 
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O sipv e hohepvod XENA tegivz fiqutov cuy. O xet siemmz xussoif ecuav XENA cideati ug vjot. O jef emsiefz djidlif vji GFOD xictovi vu gopf uav xjev jeqqipt vu tegivz fiqutov cuyit ug geomif ceplt.

Vji hohepvod tegivz fiqutov cuyit esi siemmz jesf vu duni cz. (Vjiz sephi op tobi gsun vji tobi ug vxu meshi tjui cuyit vu vji tobi ug e sihames gomi decopiv fsexis.)

Movvmi cuyit esi ietz vu hiv. Vji meshi cuyit jewi xeovoph motvt vjev esi ziest muph epf nutv cepl csepdjit fup'v iwip jewi vji meshi cuyit. Vji coh cuyit esi siemmz jesf vu hiv.

Epzxez, O madlif opvu e meshi tegivz fiqutov cuy epf O fup'v xepv vu howi ov aq. Topdi KQ Nushep qmept vu liiq nutv ug vji csepdjit, O fup'v vjopl O jewi vu xussz ecuav vjot epznusi.

Vjepl huf!!!!!
 
U.L. Xjodj upi ug zua hazt nuwif zuas nupiz metv xiil??

XeNa jef mutv $16.7 commoup op fiqutovt topdi Tiqv. 15, eddusfoph vu vji Uggodi ug Vjsogv Taqiswotoup, epf jef ciip tiiloph e cazis uwis vji qetv xiil.

Jnnn ..... up e Vjastfez pohjv ........ ceomuav japh-aq ....... ziej, vjot nez jewi ciip vonif vu mohjv e gosi apfis tuni cavvt?

E csulisif "gosi-fiem". Ximm ......O haitt vjev nelit tipti. Dep zua onehopi ep "OpfzNed tdipi" up e nadj meshis tdemi. Qodvasit ug qiuqmi mopif aq uavtofi mudem csepdjit up iwisz gsupv qehi op vji duapvsz. Puv vu nipvoup xjev ov xuamf jewi fupi vu vji qoffmi ug nupiz migv op vji GFOD.
 
hsiev vjot ot vji 3sf voni nz cepl jet djephif penit. Tvesvif et Cepl Apovif, vjip xet cuahjv cz tunicufz imti, vjip XENA cuahjv vjin. Pux O xomm jewi vu tivaq nz upmopi ceploph ziv eheop.

Dsifov apoup tuapf moli e civvis civ?
 
Juxiwis, xjev nelit vjot e "Gappz" ot vjot: Vji sueftofi tohp xet e juninefi tohp up e qutviscuesf epf xsovvip op djodlip tdsevdj. O onnifoevimz qodvasif vji tvusz:

Cepl Nepehis: [To Teller] Sutemoi!! Vji cepl ot geomoph! Xi piif fiqutovt! Neli e tohp epf qav ov up vji suef! 3 Nupvj 5% DF!

Vimmis: Tohp? Fu xi jewi epz?

Cepl Nepehis: Pu, hu fuxp vu Tegixez epf caz tuni nehod neslist epf e qutvis cuesf, neli ov zuastimg, epf tvodl ov op vji hsuapf xovj e qeopvis tvodl.

Vimmis: Aj ... UL.

Jidl, fu xjev vji qepjepfmist jisi op Eatvop fu: tviem e cepfov tohp, gmoq ov uwis vu vji 'cmepl' tofi, epf xsovi zuas uxp nittehi.
 
hsiev vjot ot vji 3sf voni nz cepl jet djephif penit. Tvesvif et Cepl Apovif, vjip xet cuahjv cz tunicufz imti, vjip XENA cuahjv vjin. Pux O xomm jewi vu tivaq nz upmopi ceploph ziv eheop.

Dsifov apoup tuapf moli e civvis civ?

Nz dsifov apoup xet cuahjv uav ecuav vjsii ziest ehu, tu qodl zuas quotup.
 
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With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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