Wednesday, September 24, 2008

Whoo Hoo Blues


Photo & Text Copyright 2008 Seattle Daily Photo. All rights reserved, including reproduction or republishing.

Here is Washington Mutual Bank's WaMu Tower seen from on board a sail boat in Elliott Bay. WaMu, known for its amusing free checking accounts ad campaigns and its trademarked "Whoo hoo!" slogan, is singing the Whoo Hoo Blues these days as one of the very large American financial institutions whose mortgage division has been devastated by the sub-prime mortgage debacle. I invite US readers who wish to better understand the taxpayer bail out proposal under debate in congress to view this brief OpEd piece which has a link to the full wording of the legislation as well as succinct notes on key parts of the legislation; or this piece considering alternative legislation, or this piece which shows concern is not a partisan issue but a shared concern of both major political parties, and to phone or email your congressional representatives expressing your own views and concern. Democracy is participatory; we all benefit when we speak our minds and inform our elected government of our will. I'm wishing each of us well in the personal and collective economic challenges ahead of us in the USA.

8 comments:

Barbara Rahal said...

Well I must say that Im not into understanding bank and their ways...but I love the building of this particular bank. Nice colors, and the sky its like painted...beautifull shot...looks like you were up hight hunging from those ropes?..where the heck where you kim shooting!??...those ropes got my eyes and curiosity kill the Cat!

Piobaireachd said...

No more Woo Hoo. It looks like WaMu is now JPMorganChase.

Kim said...

Barbara, I was on a sailboat and the lines are part of the sail's rigging.

Piobaireachd, Yes indeed. Two days ago MaMu stock was declared junk, and yesterday JPMorgan scored some cheap eats. Apparently folks with common bank accounts at WaMu will notice little change other than logos, etc. Perhaps it's not ironic this happened with a bank whose ad campaign borrowed their key phrase from Homer Simpson. ;^)
-Kim

Piobaireachd said...

I was on the ferry looking at the building last Sunday when I was on my way to the Seahawks game. I was thinking about what may transpire the next (last) week.

Sarah said...

This is an absolutely gorgeous shot of Washington Mutual Tower. However, this building is not the headquarters of (the former) Washington Mutual bank. The company moved it's headquarters to WaMu Center on Second Avenue in 2006 (it's the next tallest building to the right of WaMu Tower in your main blog photo). Just thought I would comment since I work in the building featured in the photo (but I do not work for WaMu, as their headquarters are not located here). But again, beautiful photo!

Sarah said...

This is an absolutely gorgeous shot of Washington Mutual Tower. However, this building is not the headquarters of (the former) Washington Mutual bank. The company moved it's headquarters to WaMu Center on Second Avenue in 2006 (it's the next tallest building to the right of WaMu Tower in your main blog photo). Just thought I would comment since I work in the building featured in the photo (but I do not work for WaMu, as their headquarters are not located here). But again, beautiful photo!

Kim said...

Thanks Sarah. The new building, WaMu Center, which is the current headquarters is featured in another shot of mine a month or so ago (Kind of Blue). The name of the building you work in is still called WaMu Tower although its floors are filled with other entities. Does WaMu still own that building?
-Kim

Sarah said...

No, Washington Mutual does not own WaMu Tower anymore, but they do lease a small amount of space in the lobby, where a bank branch is located. I think they just kept the name for historical reasons. Easy mistake to make though, I doubt I would have known if I didn't work in the building. I have to say again how much I am enjoying your photos each day! My cousin referred me to this site and it's such a nice treat every morning to see another interesting Seattle photo. Thanks for sharing!