Hi All,

There is some good news for everyone who is a Washington Mutual shareholder. The New York Times is reporting the company’s CEO, Kerry Killinger has been forced out by the companies board.

Now, we’ve had a great deal of problems with Washington Mutual, and have even speculated that the company might go bankrupt. With the ouster of Killinger, this seems increasingly less likely. It is indeed good news for its shareholders.

Best,

James

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