Washington Mutual, Inc.
News and overview for Washington Mutual, Inc.
Could gender play role in Wall Street reform? David Weidner's Writing on the Wall - MarketWatch
MarketWatch | 6 days 6 hours 4 minutes ago
See, I told you. I bring this up not to get into a gender debate. There isn't one, as far as I'm concerned. Women are better with kids and the checkbook. They don't lose money in Vegas. They can cook a meal without using the microwave. They are psychologically tougher. Women aren't afraid to wear Nikes to work and then put on their dress shoes when they get to the office.
Government Gals take on Wall Street David Weidner's Writing on the Wall - MarketWatch
MarketWatch | 7 days 1 hour 18 minutes ago
See, I told you. I bring this up not to get into a gender debate. There isn't one, as far as I'm concerned. Women are better with kids and the checkbook. They don't lose money in Vegas. They can cook a meal without using the microwave. They are psychologically tougher. Women aren't afraid to wear Nikes to work and then put on their dress shoes when they get to the office.
Dimon's on top and wants to stay that way MarketWatch First Take - MarketWatch
MarketWatch | 10 days 14 hours 2 minutes ago
"Artificial limits may sound simple," Dimon wrote, but "would undermine the goals of economic stability, job creation and consumer service that lawmakers are trying to promote." See Dimon editorial in Washington Post.
Judge delays ruling on WaMu turnover request
Richmond Times-Dispatch (Va.) | 32 days 12 hours 5 minutes ago
WILMINGTON, Del. (AP) -- The judge presiding over Washington Mutual Inc.'s bankruptcy protection case declined to issue an immediate ruling Thursday on the company's request that JPMorgan Chase & Co. be ordered to turn over some $4 billion in disputed assets.
Ex-Wall Street brokers choose new beat: NYPD
InvestmentNews | 10 hours 47 minutes ago
Poor job market, competitive salaries and an ‘unheard of' pension pushes former brokers and execs to join New York's finest
FBR's Miller sees problems for JPM's WaMu deal
Reuters | 5 days 6 hours 40 minutes ago
NEW YORK (Reuters) - JPMorgan Chase & Co's (JPM.N: Quote, Profile, Research, Stock Buzz) acquisition of Washington Mutual Inc's (WAMUQ.PK: Quote, Profile, Research, Stock Buzz) assets last year could still cause some headaches for Chief Executive Jamie Dimon, according to bank analyst Paul Miller at FBR Capital Markets.
Washington Mutual argues JPMorgan owes it $4 billion
Reuters | 32 days 12 hours 7 minutes ago
WILMINGTON, Delaware (Reuters) - Washington Mutual Inc (WAMUQ.PK) told a federal judge on Thursday that JPMorgan should be forced to return more than $4 billion to the bankrupt holding company, whose bank was seized by regulators and sold to JPMorgan.
Mortgage Note Issues Help Debtors Avoid Foreclosure
Tampa Tribune (Fla.), The | 8 days 6 hours 5 minutes ago
Joe Lents hasn't made a payment on his $1.5 million mortgage since 2002. That's when Washington Mutual Inc. first tried to foreclose on his home in Boca Raton. The Seattle-based lender failed to prove...
UPDATE 1-Washington Mutual argues JPMorgan owes it $4 bln
Reuters | 32 days 12 hours 4 minutes ago
WILMINGTON, Del., Oct 22 (Reuters) - Washington Mutual Inc (WAMUQ.PK) told a federal judge on Thursday that JPMorgan should be forced to return more than $4 billion to the bankrupt holding company, whose bank was seized by regulators and sold to JPMorgan.
Washington Mutual Argues JPMorgan Owes It $4 Billion
ABC News | 32 days 12 hours 15 minutes ago
WILMINGTON, Delaware (Reuters) - Washington Mutual Inc told a federal judge on Thursday that JPMorgan should be forced to return more than $4 billion to the bankrupt holding company, whose bank was seized by regulators and sold to JPMorgan.
FDIC seeks $3.7 bln at center of WaMu-JPMorgan fight
Reuters | 18 days 10 hours 5 minutes ago
WILMINGTON, Del., Nov 5 (Reuters) - The Federal Deposit Insurance Corp asked a court for control over $3.7 billion claimed by both bankrupt holding company Washington Mutual Inc and JPMorgan Chase & Co (JPM.N), according to court documents.
A look at the top 10 US bankruptcies -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 22 days 7 hours 20 minutes ago
CIT Group 's filing for Chapter 11 protection is the fifth-largest in U.S. history. Here are the top 10 U.S. bankruptcy filings, based on the companies' most recent annual report before filing for bankruptcy protection, according to BankruptcyData.com.
A look at the top 10 US bankruptcies
Orlando Sentinel (Fla.) | 22 days 7 hours 22 minutes ago
CIT Group 's filing for Chapter 11 protection is the fifth-largest in U.S. history. Here are the top 10 U.S. bankruptcy filings, based on the companies' most recent annual report before filing for bankruptcy protection, according to BankruptcyData.com.
Lender CIT Group seeks bankruptcy
Philadelphia Inquirer, The | 21 days 22 hours 14 minutes ago
WASHINGTON - After struggling for months to avert bankruptcy, lender CIT Group Inc.
Banks' holdings show little shift | floridatoday.com | FLORIDA TODAY
Florida Today (Melbourne) | 4 days 16 minutes ago
Following a tumultuous year in the U.S. financial services sector, Wachovia Bank remains the bank of choice for Brevard County residents.
Company Overview
| Company: | Washington Mutual, Inc. |
|---|---|
| Industry: | Superregional Banks |
| Website: | http://www.wamu.com |
Washington Mutual (WaMu) offers consumer and commercial banking services through about 2,200 bank branches in the West, New York, Connecticut, and major US metropolitan areas. Once one of the largest originators and servicers of residential mortgages in the country, WaMu was brought low by its mortgage operations. The bank exited the subprime business after the 2007 housing bust and subsequent epidemic of loan defaults, but it was too late. In the largest bank collapse in US history, WaMu failed in 2008 and was acquired by JPMorgan Chase for $1.9 billion. JPMorgan plans to eventually phase out the WaMu brand.
Key Numbers
| Sales in U.S. Dollars (mil.) | 25,531 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 49,403 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |
