September 26, 2008
Federal Deposit Insurance Corporation seized Washington Mutual and sold to it to JP Morgan Chase. WAMU bank customers and employees will not notice a difference, according to the article, as JP Morgan Chase takes control of the bank’s 5,400 branches.
Fort Worth, TX (WiredPRNews.com)—Collapsing under the weight of bad sub-prime mortgage debt, the Federal Deposit Insurance […]
