Tag: wamu
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#Newspurge: How Will I Know?
London-based oil executive linked to 9/11 hijackers // Warning: Antidepressants May Lead to Suicidal Tendencies // Judge approves WaMu bankruptcy plan // FBI arrests man suspected of plotting attack on Capitol // Mysterious Metal Boxes Found On West Coast Beaches? // When Will Being a Non-TSA Airport Become a Competitive Advantage?
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#econocrash updates: census, collapse, congress & more
census data shows half of US poor or low income* the collapse, death & end of the euro* was the ‘collapse’ of mf global premeditated? a conspiracy theory thought experiment* ex-washington mutual executives settle fdic suit* is netflix a takeover candidate?* update: congress blinks on shutdown; temporary deal averts government shutdown*
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econocrash updates: in dependence & the day after
celebrating independence yet enslaved to debt* assessing our independence this july 4th* a prepper’s view of independence day* why the first amendment is foremost* the tenth amendment & states’ rights* media attacks US on independence day* elite not even trying to hide how much they hate the constitution* ben franklin awarded knights of malta grand…
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econocrash updates: derivatives, threats & debts
video: federal reserve cannot account for $9 trillion*US foreclosures hit record for 2nd month*economists’ letter says what went wrong*fdic, jpmorgan seek ouster of wamu stakeholder suit*obama releases tax increase playbook*wash gov ok’s tax cut for newspapers*treasury asks for control of derivatives market*sony suffers 1st annual loss in 14yrs*gm & chrysler to cut up to 3,000…
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the saga continues: wamu sues fdic for $13b+ over forced sale
from raw story: Washington Mutual, the bankrupt, seized and “under investigation” financial institution which saw some operations forcibly sold off to JPMorgan Chase in 2008, is suing the agency that guarantees Americans’ deposits, and that agency is running low on funds. Washington Mutual (WaMu), formerly one of the nation’s most prestigious banks and alleged holder…
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jp bought my bank: wamu sold in biggest US bank failure
wamu becomes biggest bank to fail in US historyfrom ap: As the debate over a $700 billion bank bailout rages on in Washington, one of the nation’s largest banks — Washington Mutual Inc. — has collapsed under the weight of its enormous bad bets on the mortgage market. The Federal Deposit Insurance Corp. seized WaMu…
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my bank is about to fail. how about yours?
washington mutual tumbles 30%from reuters: Washington Mutual Inc (WM.N) shares sank 30 percent to a 17-year low and the perceived risk of its debt soared on worries the largest U.S. savings and loan will not find a buyer or raise enough capital to combat soaring mortgage losses. The stock closed down 98 cents at $2.32…
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Economic Meltdown Just Heating Up
wholesale inflation is worst in 27 years…stocks drop again amid fears about financials…fannie-freddie lifeline puts taxpayers on the hook…analyst warns on wachovia amid more bank worries…bernanke signals growth risks & intensified’ inflation danger…citigroup shares drop to lowest price since 1998… dollar freefall: new record lowfrom bloomberg: The dollar declined to a record low against the…
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wamu gets $7b infusion, cuts jobs, sees big loss
from reuters: Washington Mutual Inc, the largest U.S. savings and loan, said on Tuesday it obtained a $7 billion capital injection from private equity firm TPG Inc and other investors, but that mortgage problems will lead to a $1.1 billion quarterly loss and the elimination of 3,000 jobs… WaMu, as the thrift is known, said…