Ok so Washington Mutual went down, which bank is next to go?


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Even though it got bought my Chase.. it's considered chase now so Wamu gone.. what's next to go?


Answer (3):

recycle b

Almost any bank could be next. Most banks are now very weak. That is why there is going to be the $700 million bail out.

lender2you

Here in the Mid-Atlantic states I would say it will be Chevy Chase Bank. (not affiliated with Chase) They did a ton of "payment option" and "ARM" mortgages in this area over the last 5yrs. This is one of the factors that has already brought down 11 banks and I don't see why CC will be any different.

justme

JP Morgan. They are carrying all the weight.


Relevant answer in Mutual, OK