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Jun 21, 2024 · What about my shares of stock, notes or subordinated notes that I own in Washington Mutual Bank? On September 25, 2008, Washington Mutual Bank was closed by the Office of Thrift Supervision and the Federal Deposit Insurance Corporation was named receiver.
Jun 21, 2024 · Any claims by equity, subordinated and senior unsecured debt holders were not acquired. There was no publicly-owned stock in Washington Mutual Bank. If you are an equity shareholder, your shares are in Washington Mutual, Inc., the holding company for Washington Mutual Bank, and not the Bank.
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.
Oct 12, 2021 · Washington Mutual (WaMu) was a Savings and Loan that became the largest bank failure in U.S. history in 2008. Here are the reasons why.
- Kimberly Amadeo
Aug 17, 2023 · Who bought Washington Mutual? JPMorgan Chase acquired the deposits, assets, and certain liabilities of Washington Mutual from the FDIC on September 25, 2008, for just $1.9 billion.
Sep 26, 2008 · Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in...
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Oct 29, 2009 · The story behind the demise of Washington Mutual, the nation’s largest bank failure, seems to have faded amid the chaos last fall as the financial crisis accelerated. But The Puget Sound...
