Washington Mutual Tower - III -2008.09.26

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TDCinSeattle on September 27, 2008

On Friday, 26 September 2008, I went into work and recalled to several people how others had been saying that now was the time to buy Washington Mutual stock as recently as Wednesday since it could only go up. One of the individuals who I spoke with had bought stock when it was at $6, then again at $3 in order to try and make up the loss. He thought that Washington Mutual was simply too big to go under. In total he had sunk $5000. "That was my wife's retirement," he said. When he was last trying to sell the stock that morning, people were offering to sell at 13 cents but no one was offering to buy.

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Photo details

  • Uploaded on September 26, 2008
  • © All Rights Reserved
    by TDCinSeattle
    • Camera: FUJIFILM FinePix Z20fd
    • Taken on 2008/09/26 21:43:05
    • Exposure: 1.800s
    • Focal Length: 6.30mm
    • F/Stop: f/3.700
    • ISO Speed: ISO200
    • Exposure Bias: 0.00 EV
    • No flash

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