Or at least rosy-ish. Washington Federal is a fraction of the size of the former Seattle home loan behemoth turned corporate cautionary tale. But unlike the former thrift, which reported losses of more than $6 billion before J.P. Morgan Chase bought up its tattered remains, Washington Federal expects to make money next year. According to Forbes.com, the bank predicts earnings in the first quarter of its fiscal year, which ends Dec. 31, to hit $20 million. (It’s important to note for anyone who doesn’t follow the stock market at all that “earnings” more or less means “profits”, so this isn’t just what the company expects to see in revenue, but how much money it actually expects to make.) That’s down from where the company was last year, $33 million, and a little more optimistic than Wall Street analysts expect for the small bank, but it’s still a bank in Seattle that should make money. So there’s a little good(ish) financial news as disasterous 2008 draws to a close deep, deep in the red.