IPB

Welcome Guest ( Log In | Register )


> Wamu = fail
THECHICKEN
post Sep 25 2008, 08:26 PM
Post #1





Group: Members
Posts: 1,302
Joined: 20-February 07
Member No.: 721



http://www.latimes.com/business/la-fi-wamu...1,7648045.story

QUOTE
Washington Mutual Bank, the country's largest savings and loan, was seized late today by federal regulators and immediately sold to JPMorgan Chase & Co., the New York banking giant that has long coveted the thrift's California and Florida branches.

With assets of $307 billion and deposits of $188 billion, Washington Mutual is the largest bank to fail in U.S. history.


and the hits just keep on coming.


--------------------
Go to the top of the page
 
+Quote Post
 
Start new topic
Replies
impala454
post Sep 25 2008, 11:16 PM
Post #2





Group: Members
Posts: 10,620
Joined: 23-February 06
From: Houston, TX
Member No.: 48



Duh. WaMu is part of the whole bailout thing.
Go to the top of the page
 
+Quote Post

Posts in this topic


Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 



Lo-Fi Version Time is now: 18th September 2025 - 12:02 AM
Skin made by: skeedio.com