Hopes of finding a buyer for Washington Mutual dimmed on Thursday as an auction for the beleaguered US bank had yet to attract any bids. ... Goldman Sachs is conducting the auction for Seattle-based WaMu, which is the sixth largest US bank, with $310bn (215bn, £170bn) in assets and more than $140bn in deposits. Goldman has approached a number of banks, including Citigroup, JPMorgan Chase and Wells Fargo, according to people close to the situation.
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Goldman Sachs is conducting the auction for Seattle-based WaMu, which is the sixth largest US bank, with $310bn (215bn, £170bn) in assets and more than $140bn in deposits.
Goldman has approached a number of banks, including Citigroup, JPMorgan Chase and Wells Fargo, according to people close to the situation.
Betcha WaMu is taken-over Monday morning.
I'm beginning to wonder if people might notice.
Wait, I may have an idea. In the end, might makes right. Nothing has changed since the caveman.