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Am I Rich or Broke or What?

Rolling smoothly off their tongues and out the edges of their mouths are these discussions of ghastly amounts of money and debt and greed and mismanagement and “bail-out”–a baffling state of affairs for it sounds as though it involves me too, although I don’t think I had a thing to do with it, and, as far as I can recall, nobody asked my opinion, and I don’t think I joined up. I tell you frankly, I am just not accustomed to speaking at any length or with much authority or with any intelligence about money deals that mount up into multiplied millions and billions and threaten to tap on the door of trillions, so I hope nobody is depending too much on me and my expertise, although I’m always willing to help out when I can. Tell you the truth though; I just don’t get it.

But I think I understand that I just bought a bunch of houses and maybe an insurance company or two and saved the country from a recession and maybe a dark depression and I do know our checking account checks have the name Washington Mutual on them, but now there is not a Washington Mutual…I guess J. P. Morgan Chase backed up a pickup truck to our WaMu branch, loaded in our couple thousand dollar bills and took Jerry’s money and mine over to their own bank. I don’t know what to think, though, because I’m not sure where J. P. Morgan Chase is, and our money was in the San Bernardino branch of Washington Mutual. You know–the one over on Highland Ave.

Well, anyway, I’m a bit consoled because I own all those houses. I wonder, though, if I have to make payments or if I bought them outright? Did I get a bargain?

One other thing: Can you believe WaMu did not call to let me know they were shifting around our money. Didn’t hear a thing…but I was kinda wondering about our dollars so I googled about until I foundĀ  J. P. Morgan Chase and guess what: They’re welcoming me! Sweet of them, huh.
Welcome to the Number One United States Bank in Deposits. WaMu Customers, Welcome to JPMorgan Chase! We're proud to welcome you to one of the nation's largest banks; as of September 25, 2008, all WaMu customer deposits are now deposits of JPMorgan Chase; one of the strongest financial institutions in the world.