Bank failures are scary - especially during these times of economic distress.
Washington Mutual, once the nation's largest thrift and rocked by bad lending on real estate, had been reportedly teetering on failure. On Thursday regulators seized the bank and arranged a takeover by JPMorgan Chase.
Bank failures are scary - especially during these times of economic distress.
Washington Mutual, once the nation's largest thrift and rocked by bad lending on real estate, had been reportedly teetering on failure. On Thursday regulators seized the bank and arranged a takeover by JPMorgan Chase.
Thursday, September 25, 2008
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