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| 5/27 |
| 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) |
| 5/27 |
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