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> Wamu = fail
THECHICKEN
post Sep 25 2008, 08:26 PM
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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.


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nickluto
post Sep 26 2008, 12:10 AM
Post #2


The Transient Aggie


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For real, welcome to a week and a half ago.




The WaMu = fail thing...


The sale to JP morgan is the new blurb, not that WaMu is going broke.


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A government big enough to give you everything you want is a government big enough to take from you everything you have.
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