WaMu — WooHoo! er, D’oh!

Posted on September 25, 2008 by

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.

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About Rakesh Agrawal

Rakesh Agrawal is Senior Director of product at Amazon (Audible). Previously, he launched local and mobile products for Microsoft and AOL. His personal blog is at http://blog.agrawals.org and 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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