Search for: "Washington Mutual Bank"
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2 Aug 2012, 12:48 pm
Cries of “fraud” from a few unhappy Washington Mutual Inc. creditors fell on deaf ears earlier this week when Judge Mary Walrath approved the final fees in the big bankruptcy case of the former parent of Washington Mutual Bank, or WaMu. [read post]
19 Mar 2011, 12:26 pm
Killinger, former CEO of failed savings bank Washington Mutual, and two of the bank's executives, Stephen J. [read post]
21 Mar 2010, 9:00 pm
The Seattle Times ran a story today on Washington Mutual’s efforts to protect its trademark rights. [read post]
27 Sep 2008, 12:07 pm
Sept. 27 (Bloomberg) -- Washington Mutual Inc., a holding company for the savings and loan that became the biggest U.S. bank to fail, filed for bankruptcy protection along with its unit WMI Investment Corp. [read post]
26 Sep 2008, 11:51 am
History, Washington Mutual (note the website has already been changed) was seized by federal regulators last night and immediately sold to J.B. [read post]
21 Jul 2011, 9:35 pm
Washington Mutual originally sought protection under bankruptcy law by filing for protection in 2008 after the federal government sold its assets to JPMorgan Chase for $1.9 billion making it the largest bank failure in the history of the United States. [read post]
22 Dec 2008, 2:03 pm
If a bank account has a negative balance resulting from paying overdrafts and overdraft fees, the bank cannot apply a future direct deposit of Social Security or V.A. benefits to make up the deficit balance owed to the bank.The court analyzed Sections 407(a) and 1383(d)(1) of 42 U.S.C., which prohibit creditors from reaching Social Security or SSI benefits by levies, garnishments, or "other legal process," and decided that these sections do not allow a bank to… [read post]
DC Circuit Resurrects Lawsuit Alleging Washington Mutual Mishandled Foreclosure - Youkelsone v. FDIC
16 Nov 2011, 5:56 am
Among these was Washington Mutual, which went into receivership with the FDIC and eventually was purchased by Chase. [read post]
9 Sep 2011, 11:54 am
Deutsche Bank says it did not, and that the FDIC inherited Washington Mutual’s exposure when it stepped in as the bank’s receiver. [read post]
11 Jul 2011, 1:05 pm
As it pursues its case against Washington Mutual's former executives, the F.D.I.C. has adopted a new clawback rule for failed banks to reclaim executive compensation. [read post]
2 Jun 2008, 7:02 am
Washington Mutual said on Monday that it would strip its chief executive, Kerry E. [read post]
8 May 2011, 8:23 am
Prior to the onset of the foreclosure crisis, Washington Mutual (WaMu) rewarded its employees for pushing high risk loans on homeowners who were getting mortgages from the company. [read post]
7 Oct 2010, 3:39 am
A group of Washington Mutual creditors have agreed to a $335 million settlement, pushing the bank's reorganization plan a step closer to approval. [read post]
26 Sep 2008, 3:36 pm
The failure of Washington Mutual came 119 years to the day after its founding in 1889. [read post]
23 Oct 2009, 2:00 am
Washington Mutual told a federal judge on Thursday that JPMorgan should be forced to return more than $4 billion to the bankrupt holding company, whose bank was seized by regulators and sold to JPMorgan. [read post]
13 Jan 2010, 10:52 am
If Washington Mutual Inc. [read post]
24 Jul 2009, 11:35 am
Broker-dealers affiliated with Wells Fargo and Washington Mutual, two large banks with close ties to the San Francisco Bay Area, have entered into a settlement with the Financial Industry Regulatory Authority (FINRA) agreeing to pay fines of $275,000 and $250,000, respectively, and consenting to the entry of findings regarding their inadequate supervision of variable annuity, mutual fund and unit investment trust (UIT) transactions with customers. [read post]
2 Jul 2011, 10:08 pm
According to "Washington Mutual settles class-action suit for $208.5 million," Associated Press, July 1, 2011, pension plans that include the Ontario Teachers' Pension Plan Board (as lead) will benefit as shareholders of the failed bank (if and once the Bankruptcy Court approves the terms). [read post]
3 Jan 2007, 7:03 am
Yesterday I opened an account with Washington Mutual. [read post]
18 Mar 2011, 12:20 am
The Federal Deposit Insurance Corporation sued the former chief executive of Washington Mutual and two of his top lieutenants, accusing them of reckless lending before the 2008 collapse of what was the nation's largest savings bank. [read post]
