Need to kind of understand all this mess?
Check out the first 20 minutes of the famous Christmas movie "It's A Wonderful Life."
That's what happened to WaMu.
From Woo Hoo to Boo Hoo.
This isn't a bunch of rich fat cats that need to be rescued thing. It is really a problem having healthy banks that have money to help a small business get a loan and open a coffee shop, or a cupcake shop, or whatever.
Should be an interesting weekend.
I bought a little AAPL and EPIC today as well as parking cash in 3 and 6 month CD's.
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