Current Events, Industry, Market, News

WaMu shut down by OTS, sold to JPMorgan Chase

WaMu has been shut down by the Office of Thrift Supervision, with the FDIC being named as receiver. The long-troubled lender’s banking operations have sold to JPMorgan Chase.

The press release from the FDIC is here.

Washington Mutual banking customers should see no disruption in services.

Woo-Hoo, indeed.


We’d love to be your Real Estate Lawyers in Atlanta. Want to know more?Contact us and we’ll be happy to discuss how Harlan and Associates can be of service to you!

Ferme – Not Open Shut Closed, originally uploaded by idg.

speak up

Add your comment below, or trackback from your own site.

Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*Required Fields