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  • From: "Don Bowen" <don.bowen AT earthlink.net>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: [Homestead] WaMu downgraded to junk
  • Date: Wed, 24 Sep 2008 19:14:43 -0500

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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