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Collapsed Mortgage Lender Allegedly Tried To Inflate Home Values

Reuters | Posted 09.10.2012 | Business

* eAppraiseIT is on trial for bowing to WaMu pressure * Rare government case in the housing crisis * Expert testifies an...

Rachel Tepper Discusses Food Photography On 'Kojo Nnamdi Show'

The Huffington Post | Posted 02.02.2012 | DC

WASHINGTON -- If you have ever seen a diner at a restaurant pull out a camera to document what's about to be eaten, that person might have been HuffPo...

After Rejecting Two Previous Plans, Judge Sends WaMu Reorganization To Creditor Vote

AP | RANDALL CHASE | Posted 01.12.2012 | Business

WILMINGTON, Del. -- The stage is set for creditors to vote on bank holding company Washington Mutual Inc.'s latest reorganization plan and for a heari...

Ian MacKaye Discusses Fugazi Live Series

The Huffington Post | Rachel Tepper | Posted 01.04.2012 | DC

WASHINGTON -- Legendary D.C. post-punk band Fugazi hasn't played a show since 2002, but languishing fans can now revisit their favorite performances o...

WaMu, Biggest Bank Failure In U.S. History, Reaches Settlement

AP | Posted 12.13.2011 | Business

SEATTLE -- Bank holding company Washington Mutual Inc. has agreed to a settlement with some creditors involved in its Chapter 11 bankruptcy case and h...

WAMU Celebrates 50 Years On The Air (PHOTOS)

Posted 12.28.2011 | DC

WASHINGTON -- WAMU 88.5-FM, D.C.'s much-loved public radio station, is turning 50. A black-tie gala featuring past and current WAMU voices will be...

Chris Kirkham

Well Aware Of Bubble, WaMu Boosted Bad Loans, Report Finds | Chris Kirkham | Posted 06.14.2011 | Business

NEW YORK -- Top executives at Washington Mutual actively boosted sales of high-risk, toxic mortgages in the two years prior to the bank's collapse in ...

Ex-WaMu Execs Sued By FDIC For Gross Negligence Over Bank's Collapse - READ The Lawsuit

Posted 05.25.2011 | Business

Note: read the full complaint filed by the FDIC below. WILMINGTON, Del., March 17 (By Tom Hals) - A U.S. government regulator sued three former...

Hook-Ups Don't Work For Me

Youth Radio -- Youth Media International | Posted 05.25.2011 | College
Youth Radio -- Youth Media International

Originally published on, the premier source for youth generated news throughout the globe. By Joel Carela I've always been put off b...

WaMu Settlement Deadline Extended

Posted 05.25.2011 | Business

WILMINGTON, Delaware (Reuters) - Washington Mutual Inc reached agreement to extend a key deadline in its $10 billion settlement that is at the end of...

Bravo JP Morgan! Just What We Need, Another Wall Street Casino

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Hardly deterred by the events of 2008, JP Morgan has been assiduously buying commodities trading assets spending more than $2 billion sopping up the trading operations of other firms.

JPMorgan May Ask FDIC To Cover Some WaMu Expenses

Wall Street Journal | Dan Fitzpatrick | Posted 05.25.2011 | Business

J.P. Morgan Chase & Co. is putting federal regulators on notice that it may go after the very funds it used to buy Washington Mutual Inc.'s banking ...

Handcuffs for Wall Street, Not Happy-Talk

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

When you steal a lot of money, you go to jail. Obama doesn't just need tough talk for Wall Street, he needs to prosecute the frauds that were committed, and explain them to the American people.

Will Perpetrators of Financial Crimes Ever Face Justice?

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

Some will rob you with a six gun and some with a fountain pen - Woodie Guthrie Like mushrooms popping up in a damp basement, a slew of court settleme...

Banks Complicit in Fraud -- Is it Systemic?

Naomi Wolf | Posted 05.25.2011 | Business
Naomi Wolf

Are banks profiting by not cracking down on fraud? Many banks now manipulate customers' withdrawals in time sequence and give customers a misleading balance figure that does not show their recent withdrawals.

A New Spin on Bank Fraud: Banks Defrauding Their Investors, Auditors and Regulators, Which Also Helps Delinquent Mortgagees

Reggie Middleton | Posted 05.25.2011 | Business
Reggie Middleton

Last week, I made clear to my readers and subscribers that the bank malaise is not over, despite what may appear to be encouraging moves by the exec...

Financial 'Reform' Dodges Big Lessons

Huffington Post Investigative Fund | David Heath | Posted 05.25.2011 | Business

As congressional partisans wrangle over financial reform, neither side is grappling with a fundamental lesson learned from an investigation into the c...

A Short History of "Baby Got Back" and Advertising

Danny Groner | Posted 05.25.2011 | Entertainment
Danny Groner

Last month, an investigation revealed that Washington Mutual employees performed a parody of "Baby Got Back" that expressed how much money they made d...

Sheila Bair | Zachery Kouwe | Posted 05.25.2011 | Business

Dealbreaker published a copy of an August 2008 email OTS Director John Reich sent to Sheila Bair after she emailed him about her desire to "discuss co...

Thrift Supervision Regulators Ignored Risks At WaMu, Says Senate Panel

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — Federal bank regulators failed to stop shoddy lending and excessive risk-taking at Washington Mutual Inc. for years because they we...

Financial Reform: The Righteous, the Greedy and the Clubby -- An Insider's View

Bill Donius | Posted 05.25.2011 | Business
Bill Donius

In the wake of the financial crisis, there is plenty of blame to go around. Everyone can look in the mirror and learn something. That goes for CEO's, managers, analysts, rating agencies, fund managers and shareholders.

Rampant Fraud and Financial Collapse

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Criminal charges are likely to be filed against some of WaMu's former executives. But WaMu isn't the only bad actor from the financial crisis. This is basically how the entire U.S. mortgage market operated.

Kerry Killinger, Ex-WaMu CEO, It's 'Unfair' Bank Didn't Get Bailed-Out

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — A trio of former Washington Mutual officials and a trove of documents on Tuesday portrayed a pattern of breakneck loan-making and a...

WaMu Executives Knew Of Rampant Mortgage Fraud And Failed To Act

HuffPost Investigative Fund | David Heath | Posted 05.25.2011 | Business

One of the central unanswered questions of the financial crisis is whether bank executives knew fraud was rampant within their mortgage loans. A Sen...

JPMorgan Tax Refund Of $1.4 Billion Opposed By FDIC

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Federal regulators are opposing a proposed $1.4 billion tax refund for JPMorgan Chase & Co. The tax benefit has become an issue a ...