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6 Oct 2009, 3:32 am
As things stand now, AIG owes Lehman $12.5 million for "credit events" associated with General Motors, Washington Mutual, etc.Lehman has filed a motion with the bankruptcy court to compel AIG to pay up. [read post]
5 Oct 2009, 6:11 am
Here’s Jess Bravin’s report on the Mass in the Wall Street Journal Washington Wire Blog. [read post]
4 Oct 2009, 7:36 pm
The odd thing was, of course, that TPG and Blackstone were well known to D.C. regulators, since TPG had bought a stake in Washington Mutual and Blackstone was part of the private equity consortium that bought BankUnited in Florida when no commercial bank expressed interest in that bank earlier this year. [read post]
2 Oct 2009, 1:11 pm
Robert Barnes of The Washington Post as the moderator. [read post]
1 Oct 2009, 10:34 am
"Where have the Staff been while Washington Mutual collapsed? [read post]
27 Sep 2009, 11:09 pm
.'s latterday "Pecora Commission" - finally has begun meeting in Washington to ascertain "what went wrong" in financial markets these past several years or more. [read post]
27 Sep 2009, 11:17 am
House subcommittee hearing in Washington, D.C. [read post]
25 Sep 2009, 9:53 pm
"Washington has spent years convincing people that the Federal Government should be the primary safety net. [read post]
25 Sep 2009, 2:30 pm
Department of Transportation Announces Schedule for the Distracted Driving Summit Wednesday, September 30, and Thursday, October 1 Renaissance Hotel 999 9th Street, NW Washington, D.C. [read post]
25 Sep 2009, 7:17 am
Before that, he was at insurance giant Safeco, which was bought by Liberty Mutual last year. [read post]
25 Sep 2009, 6:23 am
What would have happened to the directors up for election at Washington Mutual's 2008 annual meeting without the broker vote? [read post]
21 Sep 2009, 12:29 pm
These two definitions of success need not be mutually exclusive. [read post]
20 Sep 2009, 7:17 pm
Reich warned about the dangers makes it even more damning for the OTS that exotic failures like Washington Mutual, Downey, Countrywide (absorbed before it imploded), IndyMac, World Savings (also absorbed prior to melting down but dragging its white knight through the mud), Bank United, and others made their missteps on Mr, Reich's watch. [read post]
19 Sep 2009, 6:51 am
To the contrary, companies involved in recent financial meltdowns whose boards were not classified include AIG, Washington Mutual, Bear Stearns, Citigroup, Bank of America, Lehman Brothers and General Motors. [read post]
16 Sep 2009, 1:47 pm
New Massachusetts companies. [read post]
15 Sep 2009, 8:47 am
CLICK ON ROBERT HEFNER'S ILLUSTRATION TO ENLARGEWhat was the Rally and Meeting in Washington DC about? [read post]
14 Sep 2009, 5:57 pm
Savage was shot and wounded by Anaheim police after waking into a Washington Mutual bank with a fake bomb taped to himself in 2005. [read post]
14 Sep 2009, 5:57 pm
Savage was shot and wounded by Anaheim police after waking into a Washington Mutual bank with a fake bomb taped to himself in 2005. [read post]
14 Sep 2009, 1:47 pm
Barney Frank said today that resolution authority would get rejiggered by December; it is turning into a centerpiece of regulatory reform: The government's idea is that it should be able to do to Lehman and other systemically significant financial institution what the FDIC did to Washington Mutual; whip in there, fail the institution, sell it or part of it off quickly, and keep thing going the next day. [read post]
14 Sep 2009, 1:30 pm
As investors and pension-holders watched with dread and dismay, and after a series of emergency meetings often conducted in the dead of the night, several of the world’s largest and oldest financial institutions had fallen, either bankrupt, bought, or bailed out: Lehman Brothers, Merrill Lynch, AIG, Washington Mutual, Wachovia. [read post]
