WaMu — WooHoo! er, D’oh!

Posted on September 25, 2008 by Rakesh Agrawal

From the messages-you-wish-you could-unsend department: this cheerful email arrived in my mailbox shortly after I read about WaMu’s seizure by federal regulators. WaMu CEO Alan Fishman is getting an extended holiday.

Note the “amazing rate” of 4 percent. WaMu has been chasing depositors with well-above-market interest rates. The national average is 2.42%. Chase, which will be taking over WaMu, pays a relatively stingy 0.20%. (And that requires a $1,500 balance; WaMu didn’t require any.)

An email received shortly after WaMu was seized by federal regulators.

An email received shortly after WaMu was seized by federal regulators.

About Rakesh Agrawal

Rakesh Agrawal is Senior Director of product at Amazon (Audible). Previously, he launched local and mobile products for Microsoft and AOL. He tweets at @rakeshlobster.
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1 Response to WaMu — WooHoo! er, D’oh!

  1. this is what happens when you overdo it says:
    April 15, 2012 at 7:32 pm

    I’ve watched a ShamWow parody called the ShamWooHoo.
    But when I saw WaMu and their ad campaign…

    Don’t worry, you can use my Sham–Whoo hoo!
    WaMu = TEEHEE

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