Here’s another tidbit: Wamu

[justme]

Here’s another tidbit: Wamu is working on floating bonds
in Europe. There may not be anything sinister about that,
but on the other hand it is tempting to think that perhaps
they are trying to unload some US mortgaes in another market.

http://search.ft.com/searchResults?queryText=wamu&x=0&y=0&javascriptEnabled=true

This looks like a bearish sign to me, but what do I know…