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Washington Mutual Still Weighing Sale: Report

First Posted: 09-18-08 08:51 PM   |   Updated: 10-19-08 05:12 AM

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Washington Mutual


Washington Mutual Inc, the large U.S. savings and loan beleaguered by mortgage losses, continues to explore all options, such as talking to potential buyers or raising capital, sources familiar with the situation said on Thursday.

Washington Mutual has yet to secure a quick takeover bid, although sources cautioned it was early in the auction process.

Read the whole story: Reuters

Filed by Nick Sabloff  |  Report Corrections