WaMu: SNAFU

WaMu crashed today under the weight of enormous debt, fiscally risky investments and the combined salaries of twenty venerable Brooks Brothers-clad East Coast bankers who stood in the bank's lobby doing absolutely nothing.


Khaki-pantsed spokesman, Jerry Johnson, shrugged when asked about the economic decision to keep the bankers on staff for over twenty years each, with extravagant bonuses and above-market stock options. "Customers seemed to like them," he said, "and enjoyed their antics. Especially that day they came to work naked."