JPMorgan Chase Snapped Up Washington Mutual After a Government Shutdown and Auction
JPMorgan Chase & Co., the firm that snapped up Bear Stearns after its collapse, has picked up another bargain.
The failure of Washington Mutual is the largest on record.
The nation's third-largest financial services firm has bought the functional assets of Washington Mutual, the nation's largest savings and loan, for $1.9 billion after the federal government shut down the...Read more >>
