by Calculated Risk on 9/18/2008 05:01:00 PM
Thursday, September 18, 2008
Report: WaMu Attracts No Bids
From the Financial Times: No bidders come for Washington Mutual
Hopes of finding a buyer for Washington Mutual dimmed on Thursday as an auction for the beleaguered US bank had yet to attract any bids. ... Goldman Sachs is conducting the auction for Seattle-based WaMu ... The lack of interest means that Goldman may soon have to evaluate other options for the bank.What if you held an auction and no one came? Maybe they can put WaMu on eBay.