On Monday, September 22nd, I received yet another credit card offer. This one happened to be from WaMu. The offer was to transfer up to $30,000 in debt to WaMu.
Could this be a desperate attempt to create liquidity? Build cash flow?
Or should we just bail them out because of toxic assests?
Am I being paranoid? Maybe. But I will add the offer to my collection of credit crises stuff. :-)
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