On our other blog, Soapbox, in this week’s Sounding Bored post The Power of Yes! WAMU Pulls The Plug On All Residential Appraisal Department Employees, I was informed about WAMU’s decision during the actual conference call to their employees.

A real body blow to quality in the mortgage collateral assessment process. WAMU provides a great example of how not to run a financial institution. Sounds like WAMU is prepping to be purchased. Rumor has it as Citigroup.


One Response to “Outstanding On Our Soapbox: [Sounding Bored] The Power of Yes!”

  1. WaMu1 says:

    This is the greatest WaMu t-shirt ever! I just bought two.