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JPMorgan Chase & Co. (JPM) acquired Washington Mutual Inc. (WM) via a bidding process, after the thrift became the biggest bank failure in U.S. history, regulators announced late Thursday.


From: WaMu <wamu@email.wamu.com>
Date: Fri, 26 Sep 2008 04:56:12 -0000
Subject: WaMu News | The holidays start today.

Date: 2008-09-26 06:47 am (UTC)

Date: 2008-09-26 03:04 pm (UTC)
thedarkages: The ghost of Aquinas in procession (aquinas)
From: [personal profile] thedarkages
Am I ever glad I got my money out of there in time! Yes, I know, the sale to JPMorgan Chase is transparent to customers, but my continued presence at WaMu would have been countenancing moral hazard.

Date: 2008-09-26 03:25 pm (UTC)
ext_8707: Taken in front of Carnegie Hall (peligro! hay cocodrilos!)
From: [identity profile] ronebofh.livejournal.com
I'm just glad it was JP Morgan and not Citigroup or, god forbid, Wells Fargo.

Date: 2008-09-27 02:15 am (UTC)
From: [identity profile] h-postmortemus.livejournal.com
http://www.reuters.com/article/ousiv/idUSTRE48P8LG20080926

Commence nashing of teeth!

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