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2008 Before & After Seizure News


Not affiliated with WaMu, or JPMorgan Chase, not an organization, just a burned shareholder seeking compensation.


Some Of The News Stories From Before And Just After The Seizure:

Mon March 24 2008:
US regulator: Your bank deposits are safe
Wed April 9 2008:
$7 billion gives shaky WaMu firmer footing for now
WaMu spurned an earlier J.P. Morgan bid: report
Sat April 12 2008:
TPG Gets Warrants for WaMu Stock
Wed July 23 2008:
FDIC doesn't see another IndyMac-size failure
Mon Sept 8 2008:
WaMu in MOU with Office of Thrift Supervision
Thur Sept 11 2008:
WaMu Provides Update on Expectations for Third Quarter Performance
Fri Sept 12 2008:
Washington Mutual seeks to comfort investors; shares tumble
Reports: JPMorgan in talks to buy WaMu
Sun Sept 14 2008:
WaMu outlook weak but says it has sufficient capital to survive
New WaMu CEO called a savvy, scrappy exec
Mon Sept 15 2008:
Below is the ratings release where S&P says WaMu's liquidity is good until 2010.
S&P: Washington Mutual Inc. Downgraded To 'BB-/B' From 'BBB-/A-3'; Outlook Negative
WaMu Responds to Standard & Poor's Actions
Tues Sept 16 2008:
Federal bank insurance fund dwindling
Wed Sept 17 2008:
Washington Mutual Begins Efforts to Sell Itself
Thur Sept 18 2008:
WaMu launches effort to reassure anxious customers
Fri Sept 19 2008:
Details of a Rescue Plan Are Unclear, but Some Already Benefit
Mon Sept 22 2008:
WaMu Deal Could Take Time
Moody’s downgrades WaMu to its lowest rating
Tues Sept 23 2008:
WaMu presses ahead with multiple suitors
Vulture Investors Making Plans to Snag Weak Banks on the Cheap
Bailout could help Washington Mutual sale For those who saw it at the time, this article leaked an auction for WaMu was in the works.
Wed Sept 24 2008:
Stocks pointed higher on Buffett-Goldman deal
Fitch: Partial Sale Increasingly Likely for WaMu; IDR Downgraded to 'B-'
Warren Buffett to CNBC: $5B Goldman Investment Also Bet Congress Will Do "Right Thing" By Approving Bailout
Bailout Deal Will Get Done This Week: Schumer
TD Bank's paperwork sets tongues wagging
Democrats claim Wall St. bailout breakthrough
S&P cuts WaMu ratings further into junk territory
Headlines WaMu Yahoo Finance Sept 24 2008
Thur Sept 25 2008 during the day:
WaMu still trying for deal - sources
SEC Presses Hedge Funds
U.S. losing financial superpower role: Germany's Steinbrueck
As Wall St. burns, regulators seek culprits
Thur Sept 25 2008 during the night:
JPMorgan Chase to Acquire Washington Mutual Deposits, WSJ Says
JPMorgan Chase May Acquire Washington Mutual After FDIC Seizure
JPMorgan Chase Acquires Banking Operations of Washington Mutual(FDIC)
JPMorgan Chase Announces Investor Conference Call
WaMu seized and sold to JPMorgan
Government Seizes WaMu and Sells Some Assets
Headlines WaMu Yahoo Finance Sept 25 2008
Fri Sept 26 2008 - there was nothing we could dooo……:
Fleeing WaMu deposits sent regulators scrambling
WaMu Is Seized, Sold Off to J.P. Morgan, In Largest Failure in U.S. Banking History
FDIC avoids disaster with quick WaMu sale
Sun Sept 28 2008:
WaMu's desperate last days
Mon Sept 29 2008:
Investors see new villains in WaMu drama
Wed October 15 2008:
Feds investigating WaMu collapse
Fri October 31 2008:
Chase finds a jewel: WaMu’s apartment-lending unit
Sun Nov 9 2008:
WaMu's loyal shareholders left holding the empty bag





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