Pop quiz!

Okay, kids, since WaMu just failed this evening (formerly worth 307 billion dollars), I thought it was time for a bit of a brief, educational trivia quiz so here goes:

1) What was the last, biggest bank failure, before WaMu's today/tonight?

Answer: Continental Illinois (remember that one?) in 1984 (yeah, that long ago).

2) How much were they worth?

Answer: 40 billion dollars.



kinda puts the current situation in perspective, don't it?

If you're not somewhat concerned yet, stay tuned.