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    WaMu: Vultures Are Circling

    7 15 2008

    Outside of Washington Mutual headquarters this morning, things didn’t look so rosy. The local CBS affiliate sent a news crew to report on WaMu’s potential insolvency and the big hit the stock took yesterday.


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    If the media keeps blowing on the flames by reporting on potential bank failures, they might just come up with a self-fulfilling prophecy.


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    categories Published under: Business, Finance, Seattle

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