As reported by the Puget Sound Business Journal, the governments reluctance (read, refusal) to release internal communications regarding the seizure of WaMu is lending more credence to the theory that WaMu should not have been seized and sold to JP Morgan Chase.
WaMu failure | admin December 12, 2009 | 
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There is growing evidence that WaMu was improperly seized and sold to JP Morgan Chase, that it had ample liquidity and was adequately capitalized, both measures exceeding regulatory thresholds. (article)
WaMu failure | admin December 8, 2009 | Comments (0)
Should Chase be worried? Even the WSJ is reporting about the former WaMu parent companies suit against Chase for $4 billion in assets it claims it owns and Chase took inappropriately. (article)
Lawsuits, WaMu failure | admin December 1, 2009 | Comments (0)
Here is a very detailed inside look at the last days before WaMu was seized and sold in September 2008.
WaMu failure | admin October 28, 2009 | Comments (0)
Here is an interesting summary of all the lawsuits the former WaMu holding company has brought against JP Morgan Chase and the FDIC.
WaMu failure | admin October 27, 2009 | Comments (0)
A two part series in the Seattle Times about WaMu (part1 part2) calls WaMu a predatory company because of how much they pushed inappropriate mortgage products on consumers. Perhaps when speaking to Chase loan modification folks, mentioning the predatory nature of how YOUR loan was set up might make them a little more willing to work with you.
More drama as the former WaMu holding company asks a judge to make JP Morgan Chase return $4 Billion in money it says belongs the them and was illegally seized. (story)
WaMu failure | admin October 24, 2009 | Comments (0)
Here is in interesting article that says, basically, if you are a WaMu credit card customer, Chase doesn’t want you.
WaMu failure | admin October 2, 2009 | Comments (0)
