Wachovia, WaMu in Big Trouble

WaMu, Wachovia swim in deep end of mortgage poolThe Mortgage Meltdown is in full bloom. Big banks and mortgage players are really sweating it out. A couple CEOs have stepped down and/or lost their jobs. Read here for more about Wachovia, WaMu still in big trouble according to MSN Money.

These two banks are in the deep end of a pool and they don’t know how to swim. I just hope that the employees who had nothing at all to do with this don’t lose their jobs.

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