Read more Washington Mutual stories on Newserhttp://www.newser.com/taggrid/10007/washington-mutual.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 18:06:39 CSThttp://www.newser.com/story/41441/jpmorgan-plans-relief-for-110b-in-mortgages.html?utm_source=syn&utm_medium=rss&utm_campaign=tagJPMorgan Chase will help distressed homeowners by reducing interest rates or principal balances for $110 billion in mortgages, Bloomberg reports. The restructuring applies to clients of Washington Mutual, which JPMorgan agreed to buy last month. Foreclosures will be suspended on all loans for the next 90 days while the relief...http://www.newser.com/story/41441/jpmorgan-plans-relief-for-110b-in-mortgages.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 31 Oct 2008 14:22:04 CDThttp://www.newser.com/story/40669/letters-to-dimon-youll-die-in-10-days.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA flurry of letters threatening the life of JPMorgan CEO Jamie Dimon, as well as an Oklahoma City-style bombing of a bank facility, are being investigated by the Postal Investigation Service. ABC News reports a $100,000 reward has been posted for information about the 45-plus letters, all postmarked last...http://www.newser.com/story/40669/letters-to-dimon-youll-die-in-10-days.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 23 Oct 2008 6:50:44 CDThttp://www.newser.com/story/38558/battered-wachovia-shops-for-buyers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWachovia is in a new round of talks with potential buyers, reports the Wall Street Journal, courting Citigroup, Wells Fargo, and Spain’s Banco Santander to help guard it from the financial market crisis. While the bank says it’s not in immediate danger, shares at Wachovia, which holds a $120 billion...http://www.newser.com/story/38558/battered-wachovia-shops-for-buyers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 27 Sep 2008 11:31:19 CDThttp://www.newser.com/story/38510/jpmorgan-chief-had-long-drooled-over-wamu.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe failure of Washington Mutual was an opportunity for JPMorgan Chase CEO Jamie Dimon, who long held a desire to buy the bank, the Seattle Times reports, and saw its large West Coast presence as particularly attractive. Now Dimon, who incorporated Bear Stearns earlier this year, has used the credit...http://www.newser.com/story/38510/jpmorgan-chief-had-long-drooled-over-wamu.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 26 Sep 2008 14:45:02 CDThttp://www.newser.com/story/38491/stocks-sink-bush-pledges-deal.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSocks plummeted today as confidence in the federal bailout program evaporated and investors absorbed the collapse of Washington Mutual. The Dow fell 140 points after the opening bell, while the Nasdaq dropped 2.2% and the S&P fell 1.7%, the Wall Street Journal reports. President Bush gave a brief...http://www.newser.com/story/38491/stocks-sink-bush-pledges-deal.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 26 Sep 2008 8:52:20 CDThttp://www.newser.com/story/38474/european-markets-slide-as-us-rescue-talks-stall.html?utm_source=syn&utm_medium=rss&utm_campaign=tagEuropean markets swooned on news of the US bailout troubles and the failure of Washington Mutual, the Wall Street Journal reports. The Dow Jones Stoxx 600 fell 1.5%, Germany’s DAX index slipped 1.4%, and the UK’s FTSE 100 and France’s CAC-40 each shed 1.3%. In Asia, Japan’s...http://www.newser.com/story/38474/european-markets-slide-as-us-rescue-talks-stall.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 26 Sep 2008 7:14:23 CDThttp://www.newser.com/story/38426/jpmorgan-buys-wamu-after-regulators-seize-it.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFederal regulators seized Washington Mutual tonight and sold nearly all of its operations to JPMorgan for $1.9 billion, the Washington Post reports. It is the largest bank failure in US history. WaMu, previously the nation's largest savings and loan, had been reeling from bad mortgage loans and put itself...http://www.newser.com/story/38426/jpmorgan-buys-wamu-after-regulators-seize-it.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 25 Sep 2008 19:43:35 CDThttp://www.newser.com/story/38416/stocks-climb-nearly-200-points.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks rallied this afternoon on news that lawmakers had reached a consensus on the Wall Street bailout plan, MarketWatch reports. Optimism proved infectious as GE rose 6.26% despite cutting an earnings estimate earlier today. The Dow climbed 196.89 points to 11,022.06. The Nasdaq gained 30.89...http://www.newser.com/story/38416/stocks-climb-nearly-200-points.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 25 Sep 2008 15:15:39 CDThttp://www.newser.com/story/38371/wamu-looks-to-private-equity-as-bank-teeters.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWashington Mutual is hoping private equity will save the bank after its efforts to broker a sale to another financial institution came to nothing. Both the Carlyle Group and Blackstone are considering a takeover of WaMu, insiders tell the Wall Street Journal , although a deal is not yet assured. Many...http://www.newser.com/story/38371/wamu-looks-to-private-equity-as-bank-teeters.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 25 Sep 2008 8:52:01 CDT