You know, the ones depicting Whites as evil, greedy, clueless, stupid, moneygrubbing bankers, and the oh so cool negro? No jews mind you, just Whites? The CEO of Washington Mutual, BTW, is a kike. Neat, huh? This commercial is especially sickening, as you have a sheboon asking for free checking and some Raja acting like, well, a dothead.
These commercials were targeted at the mud masses. And they worked. Washington Mutual is now trading at 4.07 a share, down from almost 40 a year ago. Haha! Here's a representative sample of "minority banking":
"Washington Mutual made 43 home loans to Vijay and Supriti Soni of Corona del Mar since early last year and six of the 22 homes sold have already gone into foreclosure, The Orange County Register reported Sunday.
The Soni family financed $24.5 million in real estate purchases and is now being investigated for possible fraud by the Orange County District Attorney's office, the newspaper said."
WaMu is holding billions in worthless loans it made to the muds. This hasn't stopped the banks from circling the waters, however:
"Banks including JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and Wells Fargo & Co. are interested in Washington Mutual, three people with knowledge of the talks said Thursday. HSBC PLC and Banco Santander SA also are interested, The Financial Times reported."
With the RTC type bailout coming, WaMu will be able to dump some of the toxic mud assets. Because of that, it will be bought. 4 bucks a share is a steal, and when someone does buy it, the stock will shoot up. So, get in on the raid and good trading on this mud-loving piece of shit bank!
Oh, and when the short ban is lifted, ROB THE BANKS!