Debt Rattle, September 25 2008: Shantyland

Hooverville Update 9.15 PM EDT Ilargi: I don�t like late updates, but this is big, make that stunning. The FDIC stealthily shut down WaMu earlier today, and that�s the biggest shut-down they�ve ever done, by a mile and a half and a mule. if anyone still thinks this thing is over, or nearing its end, think again.JPMorgan buys WaMu JPMorgan Chase acquired the troubled thrift Washington Mutual Inc.,