Poll: Should JP Morgan Chase pay more for WaMu
Probably the best coverage of the WaMu failure has come not surprisingly from Washington Mutual’s home town of Seattle and the Puget Sound Business Journal. Their most recent articles have helped publicize the fact that the JP Morgan Chase purchase of WaMu’s assets isn’t actually closed yet, leaving the door for the FDIC to insist they pay more.
Their latest offering is a poll where they ask people whether JP Morgan Chase should pay more than the $1.9 billion they paid for WaMu. I’d say the results indicate people overwhelmingly say yes, although it is still pretty early in the poll’s results.
Interestingly enough, most of the news the BizJournal prints about WaMu and Chase is not favorable of Chase. It is surprising to me that the banner ads on the BizJournal’s articles are Chase ads. Rather karmic perhaps.
WaMu failure | admin August 21, 2010
