Washington Mutual closed by regulators

		Finance & Money Forums > Finance > Banking
Washington Mutual closed by regulators

Banking Discussions about banking andand saving directly with your bank.

Thread Tools

#1 (permalink)

09-26-2008, 11:52 AM

Finance News Finance News is offline

Senior Member

Join Date: Sep 2007

Posts: 3,713

Washington Mutual closed by regulators

Washington Mutual (WaMu) has been closed making it the largest failure of a US bank. WaMu’s assets have been sold to banking giant, JPMorgan Chase, for $1.9bn (£1 billion).WaMu was closed by the Federal Office of Thrift Supervision (OTS), and the Federal Deposit Insurance Corp (FDIC) has been appointed receiver. $16.7 billion of deposits had [...]

More: Washington Mutual closed by regulators

« US Congress approves bail-out plan | Jobs saved as Nomura acquires Lehman European operations »

Thread Tools
Show Printable Version Email this Page

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are Off Forum Rules

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Why prefer Mutual Fund Investments	franklin	Investing	4	09-14-2010 03:00 PM
Mutual Fund vs Exchange Traded Fund	brian	Investing	3	07-05-2006 10:51 AM

All times are GMT +1. The time now is 03:49 PM.