Update: WaMu Responds To Gimme Credit Fire Call

Posted by Bess Levin, Jul 24, 2008, 5:13pm

The bank told Bloomberg this afternoon that it does all of its business through banking operations and "does not rely on commercial paper." Then it sued Gimme Credit for defamation and negligence. JK! For now.

Maybe Related: BankAtlantic Sues Bove

Earlier: We Don't Want To Be Accused Of Yelling 'Fire' In A Bank Lobby But...FIRE!

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Comments

1

Posted by guest, Jul 24, 2008 5:25PM

"The bank told Bloomberg this afternoon that it [fucks up?] all of its business through banking operations..."

2

Posted by guest, Jul 24, 2008 5:31PM

WB - CFO resigns

3

Posted by Capt Obvious, Jul 24, 2008 6:00PM

Gimmie Credit needs to merge with Drexel Burham to survive

4

Posted by guest, Jul 24, 2008 8:03PM

look out, Sheila Bair is on your ass.

FDIC learns it ignores bloggers at its peril
http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2008/07/21/daily58.html?jst=pn_pn_lk

""The blogs were a bit out of control," Sheila Bair, chairman of the Federal Deposit Insurance Corp., told the San Francisco Business Times after a speech in San Francisco this week.

"We're very mindful of the media coverage and blogs in controlling misinformation. All I can say is were going to continue to stay on top of it," Bair said. "The misinformation that came out over the weekend fed a lot of depositors' fears.""

5

Posted by guest, Jul 24, 2008 9:25PM

Isn't it the role of blogs to disseminate news and opinion not approved by the MSM and, hence, be "out of control"?

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