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Economic Snapshot: Who Else Might Be Interested in Acquiring WaMu?


Our unscientific poll.

Washington Mutual (WM) has had a banner year of problems, what with its exposure to a cornucopia of bad mortgage loans and sinking stock price, now down more than 90%. So it came as little surprise when the troubled bank pitched a metaphorical "For Sale" sign on the front yard of its Seattle headquarters Wednesday, hiring Goldman Sachs (GS) to pimp it out to the financial community. Wells Fargo (WFC), HSBC (HBC), Citigroup (C) and JPMorgan Chase (JPM) have all been approached. But should none of them bite, Minyanville wonders, "Who Else Might Be Interested in Acquiring WaMu?"

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No positions in stocks mentioned.

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