25 September 2008

BREAKING: Washington Mutual Fails

Tomorrow’s news today. From the Wall Street Journal (24 minutes ago):
SEPTEMBER 26, 2008
WaMu Fails, Is Sold Off to J.P. Morgan
Biggest Banking Collapse in U.S. History; Government Arranges a Deal to Safeguard Huge Thrift’s Deposits, Branches
By ROBIN SIDEL, DAVID ENRICH and DAN FITZPATRICK
In what is by far the largest bank failure in U.S. history, federal regulators [...]

25 September 2008

You Can Fool All The Media All The Time (evidently)

Now, wait just a goddam minute here: This is EXACTLY the same stunt that McCain pulled for the Republican Convention, attempting to turn it into a telethon for Hurricane Gustav, lest we be reminded that Bush and McCain were, literally, eating cake when Katrina hit. (Gustav outfox’ed ‘em, though.) They “suspended” the first day of [...]