Washington Mutual

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...

Washinton Mutual Sale Still Looms

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...

Citi Weighs Washington Mutual Takeover Bid

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 ...

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 Headed For Sale

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...

Federal bank insurance fund dwindling

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's Predatory Alien Financial Advisor Recommends Buying Washington Mutual (VIDEO)

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...

Washington Mutual Shares At 17-Year Low

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...

Washington Mutual CEO Ousted Over Losses, Mortgage Losses

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...

Back When ...

James Berman | Posted 07.25.2008 | Business


James Berman

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.

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...

Washington Mutual Close To Securing $5 Billion From Investors

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 ...

SEC Investigating Washington Mutual

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...

Mortgage Crisis Forces Big Cuts At Largest Savings And Loan In US

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...