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Washington Mutual

Washington Mutual News Editors

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Washington Mutual News

News on Washington Mutual continually updated from thousands of sources around the net.

9 hrs ago | Seattle Weekly

Signs of Financial Insecurity

Chase Center, 1301 Second Ave., chase.com . It's hard to miss Washington Mutual after its shameful subprime mortgage collapse.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

Tue Dec 08, 2009

Mondaq.Com

United States: Creditor Groups Under Attack: The WaMu Double Whammy - Bracewell & Giuliani LLP

Chapter 11 case, the Delaware Bankruptcy Court held that Bankruptcy Rule 2019 clearly applies to "ad hoc committees," regardless of how they might try to disclaim collective action.

Comment?

Related Topix: Banking, Financial Services, Economics News, Bankruptcy

Sun Dec 06, 2009

CFO

s on the Move: Week Ending December 4

Joan Urdang - CFO.com US December 4, 2009 Juan Figuereo has been named finance chief at consumer-products maker Newell Rubbermaid Inc., replacing J. Patrick Robinson, who is retiring.

Comment?

Related Topix: Newell Rubbermaid, Household Products, Beverages, Cott, UnionBanCal, Banking, Financial Services, Home, Mortgage, Personal Finance

Fri Dec 04, 2009

Bizjournals

The Washington Mutual decision

Why did regulators abruptly close Washington Mutual when it had the cash to operate? Help was coming in six days Puget Sound Business Journal - by Kirsten Grind Staff Writer Send this story to a friend BACK STORY: In September, at the first anniversary of Washington Mutual 's closure, the Puget Sound Business Journal reported that as executives ...

Comment?

Related Topix: Financial Services, Banking

Tue Dec 01, 2009

Dealbreaker

Jamie Dimon Thinks His $1.9 Billion Is Worth WaMu's $4 Billion

You might think JPMorgan Chase got everything in the Washington Mutual deal, which briefly accomplished the impossible by doubling the number of Chase branches in New York City.

Comment?

Related Topix: Financial Services, Banking

Mon Nov 30, 2009

Reuters

Supreme Court to decide reach of securities law

The Supreme Court said on Monday it would decide when U.S. laws against securities fraud apply to transnational securities dealings, specifically involving a case about a shareholder lawsuit against National Australia Bank Ltd and its former U.S. mortgage unit.

Comment?

Related Topix: Banking, National Australia Bank, Financial Services, Home, Mortgage

Fri Nov 27, 2009

Earth Times

Washington Mutual Inc Bankruptcy News, Issue No. 31

FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 31 of WASHINGTON MUTUAL INC BANKRUPTCY NEWS today.

Comment?

Related Topix: Banking, Financial Services, Economics News, Bankruptcy, Fairless Hills, PA

Wed Nov 25, 2009

Institutional Investor

WaMu Units Sued Over MBS

Two subsidiaries of Washington Mutual have been sued for allegedly failing to disclose information about the mortgage-backed securities they issues in 2006 and 2007, according to the Kitsap Peninsula Business Journal .

Comment?

Related Topix: Financial Services, Banking, Personal Finance, Mortgage

Mon Nov 23, 2009

Central Kitsap Reporter

East Bremerton bank robbed again, second time in three weeks

Kitsap County Sheriff's detectives, working in conjunction with special agents of the Federal Bureau of Investigation, are investigating an early evening robbery of a Central Kitsap branch of Chase Bank .

Comment?

Related Topix: Seattle Metro, Bremerton, WA, Kitsap County, WA, US News, US Federal Bureau of Investigation, Banking, Financial Services

Sun Nov 15, 2009

Buffalo News

Schumer says call center to remain

The future of JPMorgan Chase & Co.'s 800-job call center in Albion has been a source of worry amid a financial crisis that roiled the economy and eliminated jobs.

Comment?

Related Topix: Albion, NY, Orleans County, NY, Banking, Financial Services, Deposit, NY

Fri Nov 13, 2009

The Seattle Times

The local, public face of Chase, Phyllis Campbell is trading on trust

Running the Northwest operations of the former Washington Mutual, now Chase, is about more than growing deposits and lending money for new Chairman Phyllis Campbell, seen here in front of the bank's old tower, left.

Comment?

Related Topix: Banking, Financial Services, Washington State University, University of Washington, Snoqualmie, WA, Seattle Metro

Wed Nov 11, 2009

The Motley Fool

Deathbed Stocks Revisited

For more than a year, we've been chronicling companies that appear to be on their deathbeds.

Comment?

Related Topix: Financial Services, Merrill Lynch and Co, Fannie Mae, Investment Services, Investment Banking, Banking, Bear Stearns

Mon Nov 09, 2009

Commercial Real Estate

Market rates sought at former WaMu Center

Grass Splendor: Brandon Weber, leasing agent for CBRE, on the 17th floor garden of 1301 Second Ave.

Comment?

Related Topix: Financial Services, Banking

Sun Nov 08, 2009

The Spokesman-Review

ARM-twisting helped sink WaMu November 8, 2009

Washington Mutual CEO Kerry Killinger told Wall Street professionals in June 2005: a oeWe have a significantly above- average risk in housing today.a Hea s shown here in 2007.

Comment?

Related Topix: Banking, Financial Services, Marketing, Home, Mortgage, Personal Finance

Fri Nov 06, 2009

Puget Sound Business Journal

Class-action lawsuit targets WaMu securities

A Puerto Rico-based bank has filed a lawsuit against two Washington Mutual subsidiaries, alleging that they didn't properly disclose information about mortgage-backed securities they issued in 2006 and 2007, shortly before the start of the financial crisis.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Seattle Metro, JP Morgan Chase

Wed Nov 04, 2009

Myrtle Beach Online

A look at the top 10 US bankruptcies

CIT Group's filing for Chapter 11 protection is the fifth-largest in U.S. history.

Comment?

Related Topix: Economics News, Bankruptcy, CIT Group, Financial Services, Investment Banking, Lehman Brothers Holdings, Investment Services, Banking, Telecom, IT Services

Tue Nov 03, 2009

Money Morning

Bondholders the Big Winners as CIT Files for Bankruptcy

CIT Group Inc. on Sunday filed for Chapter 11 bankruptcy protection. CIT's filing is the fifth largest bankruptcy in U.S. history, behind Lehman Brothers Holdings Inc.

Comment?

Related Topix: CIT Group, Financial Services, Economics News, Bankruptcy, Investment Banking, Lehman Brothers Holdings, Investment Services, Banking

Columbus Dispatch

CIT Group files for bankruptcy protection

The top 10 U.S. bankruptcy filings, based on the companies' most recent annual report before filing for bankruptcy protection: Lehman Brothers Holdings Inc., Sept.

Comment?

Related Topix: CIT Group, Financial Services, Economics News, Bankruptcy, Investment Banking, Lehman Brothers Holdings, Investment Services, Banking, Telecom, IT Services

Mon Nov 02, 2009

Memphis Commercial Appeal

Lender CIT goes bankrupt; Chapter 11 filing is one of biggest in U.S. history

As the CIT Group sought desperately to avoid bankruptcy this summer, it argued that being forced into Chapter 11 protection would spell disaster for its customers: a wide array of the nation's small and midsize businesses who rely on the 101-year-old company for financing.

Comment?

Related Topix: CIT Group, Financial Services, Economics News, Bankruptcy, Small Business, Personal Finance, Banking

Sun Nov 01, 2009

StarTribune

A look at the top 10 US bankruptcies

CIT Group's filing for Chapter 11 protection is the fifth-largest in U.S. history.

Comment?

Related Topix: CIT Group, Financial Services, Economics News, Bankruptcy, Investment Banking, Lehman Brothers Holdings, Investment Services, Banking, Telecom, IT Services

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