Bush Says We Must Bail Out Washington Mutual Bank
The Nations Largest Bank Collapses
The Total Stock Value Of Washington Mutual
The stock investors lost $78.9 billion
The Assets Went From $327 Billion To Probably $100 Billion
Current Assets | ||||
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Cash And Cash Equivalents | 9,543,000 |
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Short Term Investments |
2,750,000
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Net Receivables | 7,116,000 |
Other Banks Owe Them |
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Inventory | |||
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Other Current Assets | |||
Long Term Investments | 268,905,000 |
Bad Loans |
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Property Plant and Equipment | 4,056,000 |
Worth 10 cents on the dollar |
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Goodwill | 7,284,000 |
Worth zero |
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Intangible Assets | 320,000 | |||
Other Assets | 9,757,000 |
Their actual bank buildings - near worthless |
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No One Has Any Idea OF The Swindle's Complexity
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