[Homestead] WaMu downgraded to junk

Don Bowen don.bowen at earthlink.net
Wed Sep 24 20:14:43 EDT 2008


http://www.marketwatch.com/News/Story/Story.aspx?guid={32F6F3DA-45B6-4103-AE
5F-2ED583AFFDE8}

"Fitch Ratings downgraded Washington Mutual Inc.'s long-term issuer default
rating to B- from BBB- because of the increased possibility of a partial
sale of the bank. Fitch ratings below BBB are considered "junk" grade."

 

And the cards continue to fall.

 

Don Bowen  KI6DIU

http://www.braingarage.com/Dons/Travels/journal/Journal.html

 



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