For quite a while I have been telling you that Washington Mutual was doomed.  I believe I first mentioned it in April.  And, tonight, it happens.  HERE is the story from CNBC.

Sad, in a way.  Washington Mutual was, primarily, a mortgage lender until a couple months back.  And now, the nation’s largest Thrift, is gone.  I do feel for the employees, like with so many other companies, who will lose their jobs.  I wish them well in finding new employment quickly.

What does this mean for you, for us?  Well, only that the unraveling that needed to take place to find a common bottom to this bursting bubble is a little closer.  You know, I would say it is a lot closer tonight.  And, I have been saying for a little while now, that as we are scratching the bottom, opportunity is there.  For the valient of heart, opportunity is there to be siezed.  Act wisely.  Act.

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