Washington Mutual
Latest Washington Mutual News
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US Agency Sues JPMorgan Over WaMu Mortgage Bonds
Administration's lawsuit alleges that Washington Mutual Bank gave a false picture of JPMorgan acquired the failed Washington Mutual in 2008. The agency says in federal court in Kansas that Washington Mutual misrepresented how risky the
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Facts and Numbers on US Bank Failures Since 2008
Since mid-2010, nearly all the failed banks have been small. The five biggest banks to fail since 2008 are: Washington Mutual , based in Seattle, September 2008, $307 billion in assets; IndyMac Bank, Pasadena, Calif., July 2008, $32
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Ask Matt: Are Eastman Kodak shares a bankrupt bargain?
tempting. But don't fall for the trap. Shares of once-vibrant companies such as General Motors, Kmart and Washington Mutual are all examples of companies that fell on hard times and subsequently saw their shares fall to pennies. Some investors
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Mitt Romney and Consumer Protection Regulationeconomy. They expect us to forget that Bear Stearns, Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, Washington Mutual , Wachovia, Citigroup, and AIG either failed, were acquired under duress, or were taken over by the government
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Karilyn Bales, Wife of Robert Bales, Holed up in Washington Military Basetogether they had two children, a daughter, Quincy, now 4, and a son named Bobby, now 3. She once worked for Washington Mutual , the giant Seattle-based mortgage lender, according to her Linkedin.com profile, and now is employed by Amaxra
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Wall Street Bonuses May Reach Lowest Level in 3 Yearshigh was $146.8 billion in 2007 for the same banks, which included banks that have since been acquired, like Washington Mutual and Merrill Lynch, by the biggest firms. Van Slyke said members of her group, who have participated in various
News
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Wall Street Analyst Tries to 'Save The Big Banks From Themselves'over $100 billion, according to Business Insider. But in 2008, the $327.9 billion Chapter 11 bankruptcy of Washington Mutual and nearly $700 billion bankruptcy of Lehman Brothers would dwarf both. Mayo, based in New York City, is careful
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Chris Christie And The Waiting Game (The Note)
to borrow more than they could afford. As Perry offered $20 million in grants to Countrywide and $15 million to Washington Mutual Inc. – each blamed for having a major role in one of the country’s most serious
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Economy's funk isn't claiming a lot of companies, so far
investors got a harrowing lesson on how even big companies can, indeed, fail. The collapse of Lehman Brothers, Washington Mutual and IndyMac Bancorp were unnerving enough in 2008. But investors were able to mentally rationalize those wipeouts
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Rattled investors have no safe place to sit out stock storm
triggered the 2008 market downturn, frightened investors had more options. Struggling banks such as Countrywide and Washington Mutual offered 1-year CDs with rates as high as 4% in a last-ditch effort to attract deposits and shore up their balance
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Rattled investors have no safe place to wait out stock storm
triggered the 2008 market downturn, frightened investors had more options. Struggling banks such as Countrywide and Washington Mutual offered 1-year CDs with rates as high as 4% in a last-ditch effort to attract deposits and shore up their balance
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Rising Tide of High-End Foreclosureshouses, according to the website. Dykstra, who after baseball found fame as an investment guru, has claimed that Washington Mutual , which J.P. Morgan purchased in 2008, put him into a $12 million loan he couldn't afford in the $17
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Jamie Dimon Stirs Outcry From College Students
bank Bear Stearns (he famously offered $2 per share, which was raised to $10), and six months later bought Washington Mutual , after WaMu was seized by the federal government. At the end of that year, JPMorgan Chase received $25 billion
Videos
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WaMu ImplosionABC news senior executives of Washington Mutual bank has captured. Having a customers withdrew millions. Washington Mutual alarm known customers collapsed bank failure in US history. Washington Mutual collapsed last Seattle based
2006 video obtained by ABC news senior executives of Washington Mutual bank has captured. Having a high time at a company event. But corporate -- were celebrated. Reveling in the new business strategy2008. There was a run on the bank and customers withdrew millions. Washington Mutual alarm -- known customers collapsed the biggest bank failure in US history.Washington Mutual collapsed last Seattle based Washington nation's largest savings and loan has been seized in our former Washington Mutual executive makes disturbing claims to ABC news. That the company leadership with warned. The new strategy was dangerous and reckless. -
Wahoo Wamu: Cowboy Banking
Washington Mutual senior executives party down at 2006 company event.
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WaMu Sold to JP Morgan ChaseWashington DC and as you mentioned. Washington Mutual so let's talk about watching perspective now Fannie and I in the Washington Mutual posts here doing very busy if JPMorgan acquired those assets from Washington Mutual about one point nine billion
this morning it's all because of Washington DC and as you mentioned. Washington Mutual so let's talk about watching it so what happened is official the country's largest thrift bank has officially out of business making it the largest bank failure ever in US district over 300 billion dollars in assets that's about ten times more in the largest bank failure of these. Or it just give you some perspective now Fannie and I in the Washington Mutual posts here doing very busy if you're waking up to this news -- your shareholder. You're in trouble if you are deposit -- the banking have an account there. You're fine what happened -- the sobbing -- JPMorgan acquired those assets from Washington Mutual about one point nine billion dollars if your account holder. You'll find the once again a big news here on Wall Street -
WaMu Customers Fear the WorstAnd Washington Mutual branches. And customers brush. Pooled their money out. Well right now it's hunker down time. John they deal has a thousand
And Washington Mutual branches. And customers brush. Pooled their money out. -
Wednesday's State of the Marketsfireworks at a hearing and failed bank Washington Mutual what happens. Maggie yet tale of Washington Mutual 's really one of greed fraud and Evander explaining to you what's happening here Washington Mutual plays in fact encouraging its loan officers
about a controversy yesterday some fireworks at a hearing and failed bank Washington Mutual what happens. Maggie yet tale of Washington Mutual's really one of greed fraud and Evander sir mix allied his infamous 1982 song. -- got back. That's right let me just explaining to you what's happening here -- Washington Mutual plays in fact encouraging its loan officers. To make risky sub prime mortgage loans they would they were doing this and efforts -- bigger profits the riskier the loans the higher the profits. In fact Washington Mutual was even rewarding its loan officers who made the most of these -- loans. They would take these loan officers on retreats -
U.S. Economy on the Mendlearning new details about how they got to the current prices to Begin a new senate banking investigation found that Washington Mutual that was the largest bank failure in US history committed. Years of fraudulent activity including listen that this
current prices to Begin -- a new senate banking investigation found that Washington Mutual that was the largest bank failure in US history committed. Years of fraudulent activity including listen that this incident. Bank employees manufacturing -
What Happens After 11,000?the federal level to yield the monetary policy and that creates problems. later today in DC former executives of Washington Mutual they're kind of appear before congress in this a that eighteen month investigation into the biggest US bank in
later today in DC former executives of Washington Mutual they're kind of appear before congress in this a -- that eighteen month investigation into the biggest US bank in history to
