Banking

Crocs Down 80% YTD on Bloated Inventories and Slowing Demand; Juniper Networks Raised to "Buy" vs. Hold at Citigroup; Freddie Mac Reports Record-High Monthly Volume Data; Washington Mutual Denies Reports of Unsecured Crediters Pulling Their Funds; T. Rowe Price Earnings Little Changed, Aseets This Year Have Fallen 3.1%; Legg Mason Posts Unexpected Loss, Suffers Net Outflows of $18 Billion Read Full Story

Washington Mutual, the Seattle based S & L is recently facing market stress with their second quarter earnings report showing that the com... Read Full Story

WaMu Cards - Great Credit Cards for People Who Enjoy Online Banking!! The Washington Mutual online banking interface is not just good for managing your Washington Mutual savings.  The WaMu online banking interface is also great for managing your WaMu cards.  The Mastercard issued Washington Mutual credit cards are great addition to your WaMu savings account and WaMu checking account. If you don’t already have a Washington Mutual Platinum Credit Card, this article will highlight some of the... Read Full Story

The Los Angeles Times is reporting that some rival banks are refusing to honor cashier's checks written by IndyMac -- John Bovenzi, the FDIC official now running IndyMac, tells the Los Angeles Times today he is "deeply troubled by reports that there are financial institutions that are refusing to honor or are placing excessive holds on IndyMac Federal checks." "WaMu spokeswoman said. 'WaMu is accepting checks from IndyMac customers; however, depending on the specifics, funds will be subject... Read Full Story

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