How Does JPMorgan Chase WaMu Sound to You?

JPMorgan Chase is holding a conference call at 6:15 p.m. today, and the expected topic is its purchase of (part of) Washington Mutual. WaMu was frenetically batting its eyelashes at any suitor within bidding distance, especially with news of a bailout in the offing, potentially keeping WaMu's toxic mortgage holdings from being a dead loss. Bloomberg says that federal regulators decided to press the issue, and seized the bank's assets today. JPMorgan Chase is apt to pluck the shiniest apple, WaMu's thriving retail bank.

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By MvB in News on September 25, 2008 5:30 PM

Comments [rss]

Troy Morris

Okay. Phew. I was worried I missed a whole new spin-off show for a second.

Can you believe Lacy and Lance picked that number? EW!

jessejb

Aaand of course I added an extra word in that first sentence for effect.

jessejb

So the our economy might collapse as we know it and all anyone can talk about at my work is whether or not I watched "Dancing with the goddam Stars." I just dont understand the ignorance of people sometimes.

I think this is how Fox News pundits feel on a daily basis.