WaMu May File For Bankruptcy Shortly, Merrill Lynch Says
(Reuters) - Washington Mutual (WM.N: Quote, Profile, Research, Stock Buzz) may file for bankruptcy shortly, said Merrill Lynch analyst Kenneth Bruce t...
(Reuters) - Washington Mutual (WM.N: Quote, Profile, Research, Stock Buzz) may file for bankruptcy shortly, said Merrill Lynch analyst Kenneth Bruce t...
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...
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...
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...
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...
New York Times | Eric Dash and Andrew Ross Sorkin | Posted 10.26.2008 | Business
Federal regulators are moving quickly to broker a deal for Washington Mutual as the savings-and-loan comes under mounting financial pressure, accordin...
Wall Street Journal | David Enrich and Robin Sidel | Posted 10.20.2008 | Business
Citigroup Inc., moving to take advantage of the turmoil that is hobbling banks throughout the U.S., is considering making a bid for Washington Mutual ...
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 ...
AP | MICHAEL LIEDTKE and SARA LEPRO | Posted 10.18.2008 | Business
Ailing bank Washington Mutual Inc. appeared headed toward a sale Wednesday after a major investor removed a potential stumbling block and nervous bank...
AP | MARCY GORDON | Posted 10.18.2008 | Business
WASHINGTON — Banks are not the only ones struggling in the growing financial crisis. The fund established to insure their deposits is also feeli...
Colbert Report | Posted 10.18.2008 | Business
In the middle of serious economic mayhem, it's good to know that at least one respectable journalist has kept a cool head. Stephen Colbert consults h...
AP | BY SARA LEPRO AND MARCY GORDON | Posted 10.12.2008 | Business
NEW YORK — Washington Mutual Inc. said Thursday it will take another multibillion write-down for bad bets on mortgage securities but insisted it...
AP | BY SARA LEPRO | Posted 10.09.2008 | Business
NEW YORK — Washington Mutual Inc., ravaged by losses from sour mortgages, removed Kerry Killinger as chief executive of the nation's largest sav...
James Berman | Posted 07.25.2008 | Business
It makes more sense to invest for the probability that the world will outlive this collapse -- as surely as it did all others in history -- instead of for the remote possibility that the apocalypse is finally upon us.
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...
Reuters Via CNBC | Posted 04.15.2008 | Business
U.S. private equity firm TPG and other investors are near a deal to invest around $5 billion in U.S. thrift Washington Mutual, a source familiar with ...
AP | Posted 03.28.2008 | Business
The Securities and Exchange Commission is probing how Washington Mutual Inc., the nation's largest savings and loan, handled mortgages that were possi...
AP | JESSICA MINTZ | Posted 03.28.2008 | Business
Washington Mutual Inc., the nation's largest savings and loan, said Monday problems in the mortgage and credit markets are forcing it to close offices...
Reuters | Posted 10.27.2008 | Business