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Washington Mutual News

News on Washington Mutual continually updated from thousands of sources around the net.

20 hrs ago | The Oracle

Delivering a new name

Though not all the restaurants are changing street signs to reflect their new marketing strategy, local stores have already started serving pizza in boxes labeled, "The Hut." Companies and restaurants have been adopting new logos, altering store designs and changing names for decades, but in an effort to attract more customers, some get a little ...

Comment?

Related Topix: Marketing, Pizza, Retail, Sears Roebuck , Banking, Financial Services

Thu Jul 02, 2009

Free Republic

DEADLINE: for Washington Mutual Inc Shareholders July 6, 2009 - Court Investigation of JP Morgan

All current shareholders of Washington Mutual should send letters to www.wamuequity.org to be received no later than July 6th 2009.

Comment?

Related Topix: Banking, Financial Services

Wed Jul 01, 2009

Earth Times

CtW Investment Group Commends the SEC for Approving Change to Broker Vote Rule in Director Elections

WASHINGTON , /PRNewswire/ -- The Securities Exchange Commission strengthened shareholder rights by approving a rule change prohibiting stock brokers from casting uninstructed shares in director elections at companies traded on the New York Stock Exchange.

Comment?

Related Topix: Financial Services, Securities and Exchange Commission, Corporate / Securities Law, Law, Retail, CVS, Banking, Bank of America

Canada.com

Canadian banks weigh U.S. risk

Customers wait in line for an IndyMac Bank branch to open in Pasadena, California on July 14, 2008.

Comment?

Related Topix: IndyMac Bancorp, Financial Services, Pasadena, CA, Financial Markets, Home, Mortgage, Banking, National City Corporation

Freerepublic.com

J.P. Morgan & WaMu: Let’s Go Back to the Beginning

When the deal was struck in September, J.P. Morgan Chase's purchase of most of the collapsed Washington Mutual Bank looked like a master stroke, a $1.88 billion purchase price for operations expected to boost annual earnings more than $2 billion.

Comment?

Related Topix: Banking, JP Morgan Chase , Financial Services

Tue Jun 30, 2009

HorsesAss.Org

If only government operated more like a businessa

It's one of those refrains we hear from candidates all the time, especially candidates coming from the private sector with little or no government experience, that they want to make government operate more like a business.

Comment?

Related Topix: Financial Services, Banking, Outsourcing

Sun Jun 28, 2009

The Seattle Times

Best-laid plans for retirement undone, legions are remaking their golden years

Larry Strunk, a retired Boeing customer-service rep, put his money into something he "thought was very solvent - Washington Mutual." Now his investment is worth pennies and things are "really tough." Still, at age 66, he isn't planning on going back to work.

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Related Topix: Personal Finance, Retirement, Banking, Financial Services, Home Listing, Home, Renton, WA, University of Washington, Health, AARP

Fri Jun 26, 2009

Legal Times

Quinn Emanuel Prevails in Early Test of WaMu's Billion-Dollar Case Against JPMorgan Chase

Quinn Emanuel, that scourge of banks across America , emerged smiling on Wednesday from the latest round in Washington Mutual Inc.'s knock-down, drag-out fight with JPMorgan Chase.

Comment?

Related Topix: Banking, Financial Services, Economics News, Bankruptcy

Thu Jun 25, 2009

The Economist

Statewatch: Washington: Not by aircraft alone

WASHINGTONIANS like to point out that they are home to the largest building, by volume, in the world, a Boeing hangar in the Puget Sound north of Seattle.

Comment?

Related Topix: Washington, Washington Government, Seattle Metro, Banking, Financial Services, Restaurant Management, Starbucks, Home, Mortgage

East King County

Editorial: Fed up with big banks? Join a credit union

So long, Washington Mutual, also known as WaMu. Over the past few weeks the familiar yellow and blue WaMu signs adorning neighborhood financial centers around the region have been coming down as workers install the unfamiliar blue logo of JPMorgan Chase, known to most of its customers as simply Chase.

Comment?

Related Topix: Banking, Financial Services, Seattle Metro, Opinion

Tue Jun 23, 2009

Seattle Post-Intelligencer

WaMu's Stephen Rotella sells mansion

Stephen Rotella, former president and chief operating officer of former bank Washington Mutual, has finally sold his Capitol Hill mansion.

Comment?

Related Topix: Financial Services, Banking, Home Listing, Home

Sun Jun 21, 2009

The Seattle Times

On the Economy | Outrage over CEO pay is so last quarter

Americans are no longer mad as hell and they seem ready to take outrageous pay packages for CEOs quite a bit longer.

Comment?

Related Topix: Banking, Financial Services, Merrill Lynch and Co, Investment Services, Home, Mortgage, Investment Banking, Lehman Brothers Holdings

Fri Jun 19, 2009

Portland Business Journal

Chase ups business focus

Chase is on the hunt for commercial customers, says Pacific Northwest Chairwoman Phyllis Campbell.

Comment?

Related Topix: Banking, Financial Services, Marketing, Non-Profit, Home, Mortgage

Thu Jun 11, 2009

Portlandtribune.com

Strains show in regional banking

Chase Bank is a new force in Portland banking, after absorbing the failed Washington Mutual, which was the largest bank to fail in U.S. history.

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Related Topix: Portland Metro, Banking, Financial Services, Home, Mortgage, Personal Finance, Foreclosures

Mon Jun 08, 2009

The Seattle Times

Fight for Russell Investments weakens regional competitiveness

Top of the News: While Wall Street awaits the federal government's report on new capital requirements for the big banks, the Puget Sound watches a quieter drama: the contest for Russell Investments, detailed in a must-read story by the Times' Jim Brunner.

Comment?

Related Topix: Financial Services, Banking

Sun Jun 07, 2009

Bellingham Herald

Once-mighty WaMu fading into history books

After eight months of makeovers, Washington Mutual branches in the Northwest are ready to be introduced by their new name - Chase.

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Related Topix: Banking, Financial Services, Doty, WA, JP Morgan Chase , Tumwater, WA, Olympia Metro, Olympia, WA

Fri Jun 05, 2009

Free Republic

Man Sentenced for Sending Threatening White Powder-Laced Hoax Letters

Richard Goyette, a/k/a Michael Jurek, 47, was sentenced today by U.S. District Judge Mary Lou Robinson to serve a total of 46 months in federal prison and pay a $5000 fine and $87,734.40 in restitution to law enforcement for mailing 65 threatening letters from Amarillo to financial institutions in October 2008, announced Acting U.S. Attorney James ...

Comment?

Related Topix: Prison, Federal Prisons, Amarillo, TX, Amarillo Metro, Banking, Financial Services

Thu Jun 04, 2009

CUES

Spread The Word

In 2003, Washington Mutual Chairman and CEO Kerry Killinger described his organization's strategic plans this way: "We hope to do to this industry what Wal-Mart did to theirs, Starbucks did to theirs, Costco did to theirs and Lowe's-Home Depot did to their industry.

Comment?

Related Topix: Banking, Financial Services, Lombard, IL

Tue Jun 02, 2009

Daily Business Review

Bankruptcy Pays 18% Stock Return in Trade as GM Files

Stocks of the 20 largest U.S. companies that declared bankruptcy since 1980 rose an average 18 percent one week after filing for court protection from creditors, according to data compiled by Bloomberg and BankruptcyData.com, a Boston-based research firm.

Comment?

Related Topix: Economics News, Bankruptcy, Financial Markets, Investment Banking, Lehman Brothers Holdings, Financial Services, Investment Services, Banking, Telecom, IT Services, Real Estate, General Growth Properties

Mon Jun 01, 2009

Motley Fool

More Phantom Profits for Banks?

Try Stock Advisor free for 30 days. Since 2002, David and Tom Gardner are up 28.32% vs.

Comment?

Related Topix: Banking, JP Morgan Chase , Financial Services, Wells Fargo , Bank of America, Citigroup, Home, Mortgage

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