Read more WaMu stories on Newserhttp://www.newser.com/taggrid/19264/wamu.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 8:09:48 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/39007/silent-run-doomed-wachovia.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCustomers made a “silent run” on Wachovia as the North Carolina bank negotiated a buyout from Citigroup last week, the Charlotte Observer reports. Wachovia execs noticed customers withdrawing money from large accounts following Washington Mutual’s failure, lowering their balances to below the federally insured limit.http://www.newser.com/story/39007/silent-run-doomed-wachovia.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 02 Oct 2008 16:32:01 CDThttp://www.newser.com/story/38805/dow-up-485-in-recovery-rally.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks surged toward the end of today’s session to recover much of yesterday’s losses, but still finished September down, the Wall Street Journa l reports. The markets rallied on confidence that lawmakers would reach agreement on a bailout plan by week’s end, with the Dow up 485.21 at 10,...http://www.newser.com/story/38805/dow-up-485-in-recovery-rally.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 30 Sep 2008 15:37:22 CDThttp://www.newser.com/story/38519/up-day-still-means-down-week.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks lost value for most of today’s session as progress slowed on the Wall Street bailout plan, but turned sharply higher in the last few trading hours, MarketWatch reports. Despite mixed gains today, all indices saw losses during a tumultuous week. The Dow gained 121.07 to 11,143.13....http://www.newser.com/story/38519/up-day-still-means-down-week.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 26 Sep 2008 15:47:23 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 CDThttp://www.newser.com/story/37805/late-rally-lands-dow-up-410.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe markets rallied late in today’s rollercoaster session, keying on a $360 billion plan to shore up money markets and reports that the Fed might form a government body to absorb firms’ bad credit bets, the Wall Street Journal reports. The Dow gained 410.03 to close at 11,019....http://www.newser.com/story/37805/late-rally-lands-dow-up-410.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 18 Sep 2008 15:25:16 CDThttp://www.newser.com/story/36852/wamu-cans-ceo-killinger.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe enduring subprime contagion has claimed another victim, as downtrodden Washington Mutual has forced out CEO Kerry Killinger, reports the Wall Street Journal. Killinger, who has led the nation’s largest thrift since 1990, and has taken it from a small Seattle business into one of the nation’s largest mortgage lenders,...http://www.newser.com/story/36852/wamu-cans-ceo-killinger.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 08 Sep 2008 5:38:46 CDThttp://www.newser.com/story/33297/housing-labor-pummel-stocks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks saw big losses today as bad news on housing and employment soured investors’ hopes of a looming economic turnaround, the Wall Street Journal reports. The Dow fell 283.10—a 2.43% drop—to close at 11,349.28; the Nasdaq shed 45.77, to 2,280.11; and...http://www.newser.com/story/33297/housing-labor-pummel-stocks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 24 Jul 2008 15:29:00 CDT