Berkeley CSUA MOTD:Entry 51310
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2025/07/09 [General] UID:1000 Activity:popular
7/9     

2008/9/25-30 [Finance/Banking] UID:51310 Activity:nil
9/25    Chase buys WaMu deposits, branches, whole mortgages and HELOCs
        (all consumer and business accounts safe, even over $100K)
        Pays $1.9B to FDIC
        Debt, common stock, and preferred stock left in WaMu holding company
        WaMu holding company taken over by FDIC
        All WaMu branches will re-open tomorrow at normal business hours
        (although now owned by JP Morgan Chase)
2025/07/09 [General] UID:1000 Activity:popular
7/9     

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