Latest Member Of The Stadium Name Curse Club
The WaMu name on the 5,000-seat theater at Madison Square Garden is likely to change because of the seizure of Washington Mutual by federal regulators on Thursday.
The nation's largest savings and loan -- which came to symbolize the excesses of mortgage lending -- was sold almost in its entirety to JPMorgan Chase for $1.9 billion.
There was no word on Friday if the Chase name -- which is also on the Arizona Diamondbacks baseball stadium in Phoenix -- will replace WaMu or if it will go without a name until another corporation makes a deal.
Hard not to gloat, isn't it? I suppose Dimon better not laugh too loudly, however. Or the Citi clan, for that matter. You people could be next.
WaMu's Troubles Likely to Mean Name Change at Garden
