WaMu boo-boo

It was kind of like a punch in the gut.

I logged on last night to check the latest news before I went to bed, and I see the headlines shouting "BIGGEST BANK FAILURE IN HISTORY," and I must confess it didn't register on me at first because, well, we've being seeing similar headlines the last few weeks. It all starts to sound like a dull roar, some kind of…