Washington Mutual
![]() Washington Mutual, having rapidly expanded and being heavily into the risky mortgage business, was seized by federal regulators on September 25, 2008, in the largest bank failure in U.S. history. Most of their assets were immediately sold to JP Morgan Chase. Here, a "WaMu" branch in downtown San Diego.
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unkannyvalley
says:
F*** JP Morgan and the FDIC!
Posted 15 months ago. ( permalink )