The Archives

09.25.08

WaMu closed by OTS, sold to JPMorgan Chase Bank Failures, Bankruptcy, Mortgage Lenders, Spillover, Uncategorized | (0)
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.

Tagged: Blood in the Street, Failure, FDIC, JPMorgan Chase, Wall Street, WaMu, Washington Mutual, Woo-Hoo!