Note to self: Never have oral surgery again, or your bank will collapse while you're recuperating.
I can't believe Washington Mutual has ended up in such dire straits. Having financial problems is one thing; being shut down by the government is another. Just when you thought things couldn't become more dramatic, they've been sold to JP Morgan Chase.
JP Morgan Chase is a strong company, but I seem to recall them being heavy on the bank fees. Back in '99, I had friends who thought paying $40-45/month in bank fees was normal. Consequently, my faith in them maintaining the free checking account I and many others opened with them is nil.
Which begs the question: Where to now?--a far easier question to answer than "What happened to my money?" Thank God for FDIC.
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