After effects of WaMu seizure
Here is a radio broadcast entitled, The Fall of WaMu, One Year Later, which examines the aftereffects of the WaMu seizure and sale to Chase. Some highlights if you don’t want to listen to the hour long program:
- People who experienced a smooth transition from WaMu to Chase are in the Minority.
- Huge numbers of WaMu customers have left WaMu since 2007.
- There is still an overall outflow of WaMu customers now (more leaving then joining).
- The largest number of people still planning on leaving their bank (of any bank) are Chase customers.
- Former WaMu customers still identify themselves as WaMu customers, not Chase customers.
- The largest number of customers leaving WaMu headed for a credit union, followed by Wells Fargo.
WaMu failure | admin September 30, 2009
