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Old 09-10-2008, 07:39 AM
 
Location: Backwoods of Maine
7,320 posts, read 9,047,552 times
Reputation: 20128

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WaMu has replaced its CEO over continuing losses, as if that would help:

Washington Mutual ousts CEO Killinger - U.S. business - MSNBC.com (broken link)

...while over at GMAC things look about to crumble:

The Mortgage Lender Implode-O-Meter News Pick-ups: Ailing/Watch: Residential Capital, LLC*

Why don't they all just file for bankruptcy at once, and get it over with?
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