Washington Mutual Bank was closed by the U.S. government in September, in one of the largest bank failures in U.S. history. Its banking assets were sold the same day to JPMorgan for $1.9 billion, and the parent holding company filed for bankruptcy protection a day later.
The Huffington Post has reported that it has been a little over a year since Congress and former President Bush gave the Treasury Department the authority to distribute hundreds of billions of taxpayer dollars to failing banks, auto manufacturers, and AIG.
The Freddie Mac and Fannie Mae bailouts, in the amounts of $50.7 billion and $44.9 billion, ...
Re: Bank of America, Wells Fargo, Wachovia, Washington Mutual!
Dear Customer,
Dear Customer,
Your first mortgage originally funded by Bank of America, Wel
ls Fargo, Wachovia, or Washington Mutaul!
Can be RESTRUCTURED WITH
an be RESTRUCTURED WITH
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Del. — A bankruptcy judge in Delaware is considering Washington Mutual's request to examine JPMorgan Chase records. Washington Mutual attorneys argued for the authorization Wednesday aiming to investigate potential claims based on alleged...
News Source: International Business Times
| 6 months ago
Washington Mutual Bank was closed by the U.S. government in September, in one of the largest bank failures in U.S. history. Its banking assets were sold the same day to JPMorgan for $1.9 billion, and the parent holding company filed for bankruptcy...
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