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  2. Washington Mutual - Wikipedia

    en.wikipedia.org/wiki/Washington_Mutual

    Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle.It was the parent company of Washington Mutual Bank, which was the largest savings and loan association in the United States until its collapse in 2008.

  3. What Went Wrong at WaMu: Weak Regulators Ignored Bank's ... - AOL

    www.aol.com/news/2010-04-16-what-went-wrong-at...

    WaMu was the largest financial institution overseen by the Office of Thrift Supervision, and WaMu's fees paid for 12% to 15% of the agency's budget, Levin said. "OTS was a feeble regulator," he said.

  4. Russell Investments Center - Wikipedia

    en.wikipedia.org/wiki/Russell_Investments_Center

    On June 1, 2009, the building was renamed Chase Center. [4] On September 9, 2009, the building was purchased by Northwestern Mutual of Milwaukee. Russell Investments , a Northwestern Mutual subsidiary, made the building its corporate headquarters upon relocation from Tacoma, Washington , and renamed the building the Russell Investments Center .

  5. Government intervention during the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_intervention...

    The FDIC sold the assets, all deposit accounts, and secured liabilities to JPMorgan Chase, but not unsecured debt or equity obligations. [39] Washington Mutual Savings Bank's closure and receivership is the largest U.S. bank failure in history. [40] Kerry Killinger, the CEO from 1988 to August 2008, had been fired by the board of directors.

  6. List of bank failures in the United States (2008–present)

    en.wikipedia.org/wiki/List_of_bank_failures_in...

    The receivership of Washington Mutual Bank by federal regulators on September 26, 2008, was the largest bank failure in U.S. history. Regulators simultaneously brokered the sale of most of the banks's assets to JPMorgan Chase, which planned to write down the value of Washington Mutual's loans at least $31 billion. [7] [8]

  7. JPMorgan Chase - Wikipedia

    en.wikipedia.org/wiki/JPMorgan_Chase

    JPMorgan Chase, in its current structure, is the result of the combination of several large U.S. banking companies that merged since 1996, combining Chase Manhattan Bank, J.P. Morgan & Co., and Bank One, as well as asset assumptions of Bear Stearns, Washington Mutual, and First Republic.

  8. List of banks acquired or bankrupted during the Great Recession

    en.wikipedia.org/wiki/List_of_banks_acquired_or...

    Washington Mutual, Seattle: JPMorgan Chase, New York City Savings and loan association $ 1.9 × 10 ^ 9 [23] September 26, 2008: Lehman Brothers C: Nomura Holdings: Investment bank $600,000,000 [24] September 28, 2008: Bradford & Bingley D: Government of the United Kingdom (Mortgage Assets) Banco Santander (Savings Liabilities) Diversified ...

  9. Dime Savings Bank of New York - Wikipedia

    en.wikipedia.org/wiki/Dime_Savings_Bank_of_New_York

    Washington Mutual subsequently failed in 2008. Dime was included in the assets that were sold to JPMorgan Chase by the Federal Deposit Insurance Corporation after Washington Mutual was seized and placed in receivership. [21] In 2016, Charney Companies purchased the bank's original site for $80 million. [22]