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Just heard the breaking news about Washington Mutual officially credited as the biggest bank failure in the history of our country (that's 231 years of dollars and sense accounted for). Washington Mutual, considered the largest savings bank in America, has been seized by Federal Regulations, with "insuffieient liquidity" determined as cause of pending extinction. Press reports are saying that J.P. Morgan Chase, Citigroup and Wells Fargo could be preparing to breathe new life into the left-standing assets and buy them up. But... who is next?! Will this spiraling ever begin spinning back to help with home loans? We need a message of hope here. Can anyone see a light at the end of the tunnel yet?
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