I've heard that WaMu is teetering on some financial difficulties.... One way banks try to avert that is by offering higher rates to attract more customers (or rather, their money, e.g., liquidity). I can't say if WaMu is actually in trouble (I don't have any accounts with them and haven't looked at or paid attention to them.... others here would know better though.
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"Praestantia per minuti" ... "Acta non verba"
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