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  • derek - Sep 18 2008 | seattle, news, wamu, humor

    Quoted: “We used a zero-down option-ARM loan to finance the purchase of WaMu Center in 2006, and since our rate adjusted earlier this year, our payments have nearly doubled,” said CEO Kerry Killinger. “We had no idea that it would skyrocket like that.”

    • kabir - Sep 18 2008

      you know what's scary - until i saw the part about the apt building in lynwood with a pool, i thought this might be true.

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