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Perhaps FDIC will need some of Paulson's $700 billion, if it hasn't already been given to MS and GS.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Sep 26th, 2008 at 02:20:30 PM EST
[ Parent ]
It now appears that FDIC managed to stick WaMu's holding company with all the toxic shit and has dodged an artillery shell here.  For once!

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Sep 27th, 2008 at 10:18:14 AM EST
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