Bank Failures, Bankruptcy, Mortgage Lenders, Spillover, Uncategorized

WaMu closed by OTS, sold to JPMorgan Chase

  

WaMu has been shut down by the Office of Thrift Supervision, and the FDIC was named receiver. Banking operations sold to JPMorgan Chase. Press Release from the FDIC is here.

Woo-Hoo, indeed.

 

 

CRM, originally uploaded by Matthew Gidley.

speak up

Add your comment below, or trackback from your own site.

Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

*Required Fields