Wait a minute, how are you calling WaMu a medium sized retail bank?
Do you know how large their assets are? See above.
They are NOT small!
Here's a partial list of their holdings:
* Commercial Capital Bancorp, California, 2006
* Providian Financial Corporation, California, 2005
* HomeSide Lending, Inc., Florida, a unit of National Australia Bank, 2002
* Dime Bancorp, Inc., New York, 2002
* Fleet Mortgage Corp., South Carolina, 2001
* Bank United Corp., Texas, 2001
* PNC Mortgage, Illinois, 2001
* Alta Residential Mortgage Trust, California, 2000
* Long Beach Financial Corp., California, 1999
* Industrial Bank, California, 1998
* H.F. Ahmanson & Co. (Home Savings of America), California, 1998
* Great Western Bank, 1997
* United Western Financial Group, Inc., Utah, 1997
* Keystone Holdings, Inc. (American Savings Bank), California, 1996
* Utah Federal Savings Bank, 1996
* Western Bank, Oregon, 1996
* Enterprise Bank, Washington, 1995
* Olympus Bank FSB, Utah, 1995
* Summit Savings Bank, Washington, 1994
* Far West Federal Savings Bank, Oregon, 1994
* Pacific First Bank, Ontario, 1993
* Pioneer Savings Bank, Washington, 1993
* Great Northwest Bank, Washington, 1992
* Sound Savings & Loan Association, Washington, 1991
* CrossLand Savings FSB, Utah, 1991
* Vancouver Federal Savings Bank, Washington, 1991
* Williamsburg Federal Savings Association, Utah, 1990
* Frontier Federal Savings Association, Washington, 1990
* Old Stone Bank of Washington, FSB, Rhode Island, 1990