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Washington Mutual, Inc. (often abbreviated to WaMu) was an American savings bank holding company based in Seattle. It was the parent company of WaMu Bank, which was the largest savings and loan association in the United States until its collapse in 2008.
Aug 17, 2023 · Headquartered in Henderson, Nevada, Washington Mutual (WaMu) was America’s largest savings and loan association before it.
Oct 12, 2021 · Washington Mutual was a conservative savings and loan bank. In 2008, it became the largest failed bank in U.S. history. By the end of 2007, WaMu had more than 43,000 employees, 2,200 branch offices in 15 states, and $188.3 billion in deposits.
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Jun 20, 2012 · Washington Mutual, the country’s largest savings and loan bank, fell into the latter camp. The author of "The Lost Bank" has the story of the biggest bank failure in American history.
Jun 21, 2024 · On the day after WAMU failed, its holding company, Washington Mutual, Inc. ("WMI"), filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Case”). WMI owned all WAMU shares of stock and was the sole equity holder of WAMU.
Jun 11, 2012 · WASHINGTON — The housing -fueled rise and rapid fall of Washington Mutual may be the most forgotten story of the financial crisis. Four years later, we still hear about Lehman Brothers, Bear Stearns, and Tarp, but not about the largest bank failure in U.S. history.
Sep 26, 2008 · On the afternoon of September 25, 2008, Washington Mutual, the nation’s largest savings and loan bank, is seized by the federal Office of Thrift Management.
Sep 25, 2008 · After depositors withdrew more than $16 billion in less than two weeks, Washington Mutual Bank has been acquired by JPMorgan, federal regulators confirmed late Thursday.
Sep 25, 2008 · In the biggest bank failure in history, JPMorgan Chase will acquire massive branch network and troubled assets from Washington Mutual for $1.9 billion.
