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GM Goes Bust - American Icon Collapses
American Icon General Motors Corp.(GM) has gone bust.Yesterday,the motor giant,once hailed by Time as a symbol of American success, collapsed in landmark Chapter 11 bankruptcy with 88,000 employees.Amid the worst... 197 views | 10 recommendations | 0 comments
Loan Rule to Benefit Banks and Reduce Bank Owned Foreclosures
Banks are invoking a 4-year-old accounting rule that standardizes how they book bad loans. The rule will help boost banks’ revenues and reduce Bank Owned Foreclosures."A 4-year-old accounting regulation that standardizes how banks acquired loans is expected to help the... Facing Foreclosure? Be careful to avoid bogus Rescue firms.
Hell has a special place reserved for those who prey on the innocent, but until those scam artists fill their reserved slots we all need to make sure we learn how to spot them. ... An Inside Story of Wall Street Bank Crashes
"After his stint on Wall Street, Michael Lewis wrote Liar’s Poker, a famous book that gave an inside story of the high-rolling Wall Street of the 80’s, with its exorbitant salaries and careless handling of...Lending Crisis is Boom Time for Phishers
Economic turmoil often brings about changes in crime trends, and the current Wall Street crisis is no exception. This is another installment for the "how does the lending crisis affect me?" files...The bank...What the WaMu Collapse Means for Its Customers
Good news for Washington Mutual customers for now.""Life is exactly as it was for Washington Mutual customers on Friday as it was on Thursday except they are now backed by a bigger, stronger bank," says... Of Howdy-Doody and WAMU :: MAXINE
" Now children of all ages can join Howdy, Buffalo Bob, Clarabelle and the lovable Doodyville characters in a good family atmosphere, the way it used to be. You will agree ... GREAT CHILDREN'S PROGRAMMING... FAIL: TPG loses 1.35 billion in WaMu investment
Think you've lost some money? Not even close. Private equity firm, TPG, lost $1.35 BILLION because they invested in Washington Mutual six months ago. If you've missed the news recently, WaMu just crashed, burned,...
created by Jason Sanders | 1 year ago | updated 1 year ago
223 views | 0 recommendations | 0 comments
223 views | 0 recommendations | 0 comments
History of United States Bank Failures.
The International Institute of Nonviolence News&Opinion By: Rev. Jermano Hello Folks.....and another one bites the dust.. Washington Mutual with 307 billion of junk assets is the biggest to kick the... WaMu Bought by Chase: All Your Bank Are Belong to Us
Washington Mutual has foundered in the stormy seas of Wall Street, and has been salvaged by JPMorgan Chase. When I read the news while patrolling the site this morning, I immediately checked my own account,...
created by Jordan Yerman | 1 year ago | updated 1 year ago
1449 views | 14 recommendations | 4 comments
1449 views | 14 recommendations | 4 comments
Washington Mutual lays off 1,400 workers
"AP - Washington Mutual Inc., the nation's largest savings and loan, has notified 1,400 workers in Washington and Florida that they will lose their jobs as part of the company's cost-saving strategy."
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