 Wamu = fail |
| Wamu = fail |
 Sep 25 2008, 08:26 PM
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 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. -------------------- |
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Sep 29 2008, 08:52 AM
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#2
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Group: Admin Posts: 6,906 Joined: 22-February 06 From: Austin Member No.: 9 |
On a related note, Citigroup just bought Wachovia: http://www.bizjournals.com/losangeles/stor.../29/daily1.html
Wachovia didn't technically fail, but sounds like they were close. -------------------- |
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THECHICKEN Wamu = fail Sep 25 2008, 08:26 PM
James Providian -> Washington Mutual -> Chase
Yay... Sep 25 2008, 08:52 PM Spectatrix Whee, fun times. I have two accounts with WaMu. Sep 25 2008, 09:30 PM The Fanatic It's the end of the bank as we know it
and i... Sep 25 2008, 10:53 PM impala454 Duh. WaMu is part of the whole bailout thing. Sep 25 2008, 11:16 PM nickluto For real, welcome to a week and a half ago.
Th... Sep 26 2008, 12:10 AM jwttu JPMorgan has been rumoring to buy WaMu for a coupl... Sep 26 2008, 05:46 AM pysex I guess no one else was surprised by how many new ... Sep 26 2008, 07:39 AM impala454 I remember in Lubbock, we used to be driving aroun... Sep 26 2008, 12:40 PM
FORSAKENR320 QUOTE (impala454 @ Sep 26 2008, 01:40 PM)... Sep 26 2008, 01:57 PM |
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