Retire Soon
Full time employment: Posting here.
- Joined
- Nov 23, 2005
- Messages
- 655
Washington Mutual, the largest thrift in the U.S. wil be purchased by J.P. Morgan Chase in a deal that was orchestrated by federal regulators.
WaMu placed corporate profits before competent loan underwriting during the housing bubble and is now losing its independence because of excessive gambling with risky subprime mortgages.
J.P. Morgan to Take Over Faltering WaMu - WSJ.com
WaMu placed corporate profits before competent loan underwriting during the housing bubble and is now losing its independence because of excessive gambling with risky subprime mortgages.
J.P. Morgan to Take Over Faltering WaMu - WSJ.com