FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.

Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.

Washington Mutual Bank

Posted by admin on Sep 28th, 2008 and filed under On The Front Lines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Washington Mutual Bank, Seattle, Washington, with approximately $307 billion in assets was closed. In a transaction facilitated by the FDIC, JPMorgan Chase acquired the banking operations of Washington Mutual Bank, and agreed to assume all deposits (approximately $188 billion).(PR-85-2008)

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