WAMU v 34.7%

...ouch. a year ago today shares were at $43.00

'Washington Mutual shares plunged 34.7 percent today as regional banks were hit by renewed investor worries about continuing loan losses.'

...This isn't good.

WaMu, the nation's largest thrift, saw its shares fall below $3.50 — territory they last visited in February 1991. At the close, the stock was down $1.72 at $3.23.

The drop at WaMu followed a Lehman Brothers report that said the lender may report $26 billion in losses this year, according to Bloomberg News.

I'm contemplating buying stocks now while its cheap... because you KNOWWWW WAMU's gunna get out of it. Anyways.... All they need to do is pass a law to make it legal to launder money in Florida again and watch how the banks will rise to an all-time high since '79.

for whole story go to: seattletimes.nwsource.com/html/businesstechnology/2008050700_webwamu14.html

P,L&$