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Washington Mutual Soars 350% On Bankruptcy Exit Plan

June 1, 2011 By Problem Bank List Staff 4 Comments

The failure of Washington Mutual Bank on September 28, 2008 was the largest banking failure in U.S. history. After nervous depositors starting withdrawing billions of dollars, regulators feared that a run on the Bank would cause a nationwide panic and decided to close the bank.  The FDIC, acting as receiver, sold Washington Mutual to JP […]

Filed Under: Bank Failure, Banking News, Biggest Banking Failures, featured, Washington Mutual Tagged With: WAMUQ.PK, Washington Mutual, Washington Mutual bankruptcy

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