Wamu

Elizabeth Warren: Why Was Detroit Bailout Treated Differently Than Wall Street Bailout?

The Huffington Post | Posted 11.13.2009 | Business


When poor lending practices brought the world's biggest banks and AIG to their knees, Washington delivered hundreds of billions in financial lifelines...

VA Owes Reporter Apology for Agency's Idiotic Harrassment

Art Brodsky | Posted 05.11.2009 | Politics


Art Brodsky

VA public relations officials demanded a reporter's microphone and recorder. They brought four armed, uniformed guards to enforce the order and wouldn't let him leave. Unacceptable.

Washington Mutual Sues FDIC For Over $13 Billion

Reuters | Posted 04.21.2009 | Business


Washington Mutual Inc, the failed U.S. savings and loan, has sued the Federal Deposit Insurance Corp for well over $13 billion in connection with the ...

End of the World Economic Scenario

Grant Cardone | Posted 03.19.2009 | Living


Grant Cardone

Neither the world nor your survival will come to an end regardless of what happens economically. Can it get worse? Certainly. Will your lifestyle change? Yes, but so will most everyone else's!

57 Area Washington Mutual Branches Closing

Chicago Tribune | Becky Yerak | Posted 02.19.2009 | Chicago


JPMorgan Chase plans to close 57 Washington Mutual branches in the Chicago area by March 24 as part of its recent acquisition of the failed thrift tha...

Great Reporting of a Sad Story

Jim Randel | Posted 01.28.2009 | Business


Jim Randel

If any citizen of this country presents a false loan application to a bank and then gets approved and the bank loses money, that applicant may well be prosecuted for bank fraud.

Washington Mutual: Fall Of The Yes Men

New York Times | PETER S. GOODMAN and GRETCHEN MORGENSON | Posted 01.28.2009 | Business


As a supervisor at a Washington Mutual mortgage processing center, John D. Parsons was accustomed to seeing baby sitters claiming salaries worthy of c...

A Bailout Proposal: No More ATM Fees

Nicholas Brown | Posted 12.29.2008 | Business


Nicholas Brown

I think it's only fair that as a small gesture of good will that any bank that accepts federal bailout money should no longer be allowed to charge any fee for any ATM in its control.

WaMu: Save the Whales!

Jessica Olien | Posted 10.29.2008 | Business


Jessica Olien

I realized I needed money for my five or six weekend cans of Schlitz, which I've taken to drinking since the economy tanked.

Eighty Percent Of Washington Mutual Chicago Branches Could Close: Report

Crain's Chicago Business | Ann R. Weiler, Alby Gallun and Lorene Yue | Posted 10.27.2008 | Chicago


"J. P. Morgan Chase & Co. is likely to shut down all but 15% to 20% of Washington Mutual Inc.'s Chicago-area branches, according to the real estate br...

WaMu May File For Bankruptcy Shortly, Merrill Lynch Says

Reuters | Posted 10.27.2008 | Business


(Reuters) - Washington Mutual (WM.N: Quote, Profile, Research, Stock Buzz) may file for bankruptcy shortly, said Merrill Lynch analyst Kenneth Bruce t...

Chase Buys Washington Mutual: Fewer Chicago Branches?

Chicago Tribune | Posted 10.27.2008 | Chicago


The shotgun acquisition of Washington Mutual by JPMorgan Chase & Co. to prevent the former's collapse could mean the consolidation of a number of bank...

Stocks mixed on bailout clash; tech slides

AP | TIM PARADIS | Posted 10.27.2008 | Business


NEW YORK — Financial markets remained on edge Friday after the Bush administration's proposal for a $700 billion banking bailout ran into opposi...

WaMu becomes biggest bank to fail in US history

AP | MADLEN READ | Posted 10.27.2008 | Business


NEW YORK — As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks _ Washington Mutual Inc. _ h...

JPMorgan Chase buys WaMu assets after FDIC seizure

AP | MARCY GORDON, SARA LEPRO and MADLEN READ | Posted 10.26.2008 | Business


NEW YORK — JPMorgan Chase & Co. Inc. came to the rescue of Washington Mutual Inc. Thursday, buying the thrift's banking assets after WaMu was se...

Washington Mutual Still Weighing Sale: Report

Reuters | Posted 10.19.2008 | Business


Washington Mutual Inc, the large U.S. savings and loan beleaguered by mortgage losses, continues to explore all options, such as talking to potential ...

Washington Mutual Raising $7 Billion

AP | JESSICA MINTZ | Posted 04.16.2008 | Business


SEATTLE — Washington Mutual Inc. secured $7 billion in new capital Tuesday, an injection that is aimed at reviving the company despite balloonin...