JPMorgan Chase has announced that it will take over the ailing Washington Mutual at a cost of $1.9bn, according to this news report.
After hours of deliberation with President George Bush in Washingto
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I miss my bank. Washington Mutual was one of the first banks to fail at the start of the recession-that-should-not-be-named.
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Rumors have been going around the Internet that Washington Mutual or Wamu is headed for bankruptcy. A lot of people are blogging about the possible bankruptcy of Washington Mutual.
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The economic crisis affects everyone across the country and around the world, but there are some towns that are specifically affected by these major financial failures and Business Week has published
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Wamu.com, Free Checking
Providing financial products and services to different kinds of customer for more than 100 years, Wamu Bank has won its own reputation around the world.
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One of the largest bank in the US Washington Mutual has collapsed. The Fed seized Washington Mutual on Thursday, and has sold the banking assets to JPMorgan Chase.
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