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Washington Mutual Layoffs Taking Effect

When JPMorganChase took over Washington Mutual, layoffs were promised, and now they're coming into effect. The epicenter of this mass downsizing is most visible at WaMu's Seattle ex-headquarters,, where 3,400...

created by Jordan Yerman | 38 wks ago | updated 38 wks ago
193 views | 10 recommendations | 1 comment

Jordan Yerman

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...

created by Jordan Yerman | 1 year ago | updated 1 year ago
48 views | 0 recommendations | 0 comments

Jordan Yerman

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...

created by mtippett | 1 year ago | updated 1 year ago
49 views | 0 recommendations | 0 comments

JPMorgan sells $10 billion shares, faces Q3 loss

" The $1.9 billion acquisition of WaMu makes JPMorgan the second-largest U.S. bank by deposits and marks the largest bank failure in U.S. history. It also saddles JPMorgan with the troublesome mortgages that caused painful write-downs and credit losses for the thrift. ...

created by Amitjha | 1 year ago
34 views | 0 recommendations | 0 comments

Edmund Jenks

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...

opinion by Edmund Jenks | 1 year ago | updated 1 year ago
332 views | 2 recommendations | 1 comment

Galactic Dreams

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
216 views | 0 recommendations | 0 comments

Jordan Yerman

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
1434 views | 14 recommendations | 4 comments

WaMu bought by J.P. Morgan for 1.9 million

Washington Mutual's operations have been acquired by JP Morgan after federal regulators seized the bank after 10 days where depositors withdrew nearly $17 billion. The Office of Thrift Supervision said in a statement late Thursday that depositors in the bank...

created by Chiyo | 1 year ago
137 views | 0 recommendations | 0 comments

World's Biggest Robbery - $700 Billion Disguised As 'Bailout' - 1929

SFHomeless

World's Biggest Robbery - $700 Billion Dollars disguised as 'Bailout' - 1929

"Those who fail to learn from history are condemned to repeat it" "Fool us once, shame on you. Fool us twice shame on us!" "You can fool some of the people all of the time, all of the people some of the...