We’re sure many of you have been hearing a lot of news about the government bailout and the suffering banking industry. According to many, It all began with WaMu failing, which is the largest bank failure in US history.

Closely behind WaMu was Wachovia. Listen to this: A few days ago, Citigroup offered to buy Wachovia’s banking operations. However, it turns out Wells Fargo is stepping in and is now trying to buy Wachovia.

From the New York Times and the Consumerist:

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Yes, I’m a Washington Mutual Customer, and no, I didn’t pull my money out. I’m also not scared about losing my money either. Well mainly because I just had to pay rent, and rent is not cheap, at least where I live. So when Washington Mutual got bought out by JP Morgan Chase, I wasn’t the least concerned.

The buyout, seemed seamless, at least from my end. I didn’t notice any hiccups. I did notice this though, when I logged on to my account:

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