I can tell that the bank is in trouble, after years of banking with Washington Mutual I witness a rift on banking practices. The direct deposits in by midnight, are not been posted for eighteen hours so any transactions for the day are charged NSF charges, a way to raise funds. Everyone in my family, a total of eleven accounts, moved to a different bank.

WaMu doesn't give a dam about investors, shareholder, bank customers, credit card holders. They should be wiped out completely. They are evil to do business with and the whole global financial world should stay clear of them and now. They are nothing but troublemakers. What a way to do business, WaMu is  a greed hound and if Mr. Killinger knows any better cause he is killing us slowly but surely, he'd work a little bit harder and earn his millions by looking after all those who in good faith and looking after their best interest for once, has been dealing with his bank and in essence enriched them all these years. Let's see how long this investment is going to last, I give them 2 months 3 days and 11 hours. Good riddens.

WAMU is an excellent banking institution. It's great WAMU will be receiving 5B from TBG.

What effect will WAMU have in the 2 or 3rd quarter?  Can the 5B hold WAMU share prices this year. Foreclosure are in the rise in Florida. Will the 5B be enough?

I am not a shareholder yet. Just curious at what position WAMU will be then.

Good Luck!

Carlos Gonzalez from Loans N Real't Corporation  

Washington Mutual has employed deceptive mortgage lending practices.  These include paying property taxes prior to tax due date then forcing escrow accounts; giving subprime loans with 3 point interest adjustments every 6 months and illegally debiting payments from bank account.  It is virtually impossible to contact someone at WAMU.  Persons answering the phone give inaccurate information.  Washington Mutual has no regard for its customers.  It's telling when the CEO isn't buying its stock.  WaMu needs to be audited by a federal agency and held accountable for victimizing the consumer!

WaMu's  compensation increase for executives for poor management is another exsample of disregard for customers and shareholders.   Killengers stake is minimal as is his fath in WaMu.  More bad news such as credit default swaps will more than take out any recent short term gains.  Look for more insider selling.

Mr. K.K: Hurry up and put all your employees & investors out of this prolonged operatic display of financial misdeeds and sell WaMu.  Mr. K.K., tear this wall of ineptitude down!

I used to think WAMU was a decent company but their behavior over the past year, cutting the dividend paid to stockholders and especially the changed targets for executive bonuses, caused me to sell their stock. I'm sure it's possible to make money with them, but it's a company with which I no longer care to do business.

I am also ready to leave WaMu.  The executives keep their raises, but it's the customers who are paying the price.  Right after WaMu took out charges for my business line of credit, they sent me a letter saying they were increasing my line of credit interest charges about 50%!!!! to 18%  - this used to be illegal in many states - these interest charges were considered outrageous.   Now the conservatives in power consider this gouging "business as usual"

Even though I have only used this line of credit once, their new policies of gouging their customers to make up for their mistakes should warn any current and potential customers.

In addition, almost all the tellers at my current branch are new and inexperienced.  They couldn't even tell me how to pay off the line of credit the one time I used it.

Promises to call never were fulfilled.  

When I complained to the main customer service.  Their representatives response was "So What".  He essentially said that when customers complain they make a note and then just ignore them.  Scary how bad they are.

I expect to close my account with them in the next few months.

Mr. Killinger, as the long-time CEO of WAMU, has led the company into the position it is in.  As the CEO, he must accept full responsibility for the company's dreadful performance.  His and the other senior executives pay should be based on one goal, returning the company profits and stock price to a respectible level.   It seems that corporate executives want to enjoy huge bonuses when the profits and stock prices are up, but are loath to give up much when the profits disappear and the stock's price collapse, due to poor business practices that proved to be the company's downfall.  Then, they want to be rewarded, again, to get the company back to where it should have been had they made more prudent decisions.   WAMU is just one example where greed and igo have created the situation the nation finds itself.

Direct deposits delayed purposely?   This can only be done by the sender, not the  receiving institution.  Perhaps not floating your checks would avoid fees caused by overdrafting your accounts early in the day before that midnight deposit (which is posted when it comes in, not the previous business day) comes in.

Imposssible to reach a human?  Maybe waiting for the option to "speak to a person" at the automated voice menu would accomplish that impossible task.

Sounds like sour grapes from a bunch of uneducated disgrunted bank customers.