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Feed URL  Finance Markets: Finance News - UK Personal Financial News & Financial Markets

FeedRank: 4/10  4/10  Good  ---  www.financemarkets.co.uk
http://www.financemarkets.co.uk/feed/atom
Finance Market News and Information ...


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Washington Mutual fails
Friday, September 26, 2008 --- 70 days ago
http://www.financemarkets.co.uk/2008/09/26/washington-mutual-fails/
Washtington Mutual, the largest “thrift” bank in the US, has failed, after a run on savings by its customers. Regulators from the Office of Thrift Supervision (OTS) stepped in last night and took over the company briefly, before selling it on to JP Morgan for just £1 billion. The move means that Washington Mutual, also known affectionately [...] ...




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