www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> America
WaMu becomes biggest bank to fail in US history
(Agencies)
Updated: 2008-09-26 15:58

NEW YORK -- As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks, Washington Mutual Inc., has collapsed under the weight of its enormous bad bets on the mortgage market.

A Washington Mutual (WaMu) bank branch is seen in New York City in this September 17, 2008 file photo. JPMorgan Chase & Co has acquired certain assets of Washington Mutual Inc for $1.9 billion after the large savings and loan was closed by regulators on September 25, 2008. [Agencies]

The Federal Deposit Insurance Corp. seized WaMu on Thursday, and then sold the thrift's banking assets to JPMorgan Chase & Co. for $1.9 billion.

Related readings:
 JPMorgan to buy Washington Mutual deposits
 Washington Mutual closed in largest US bank failure
 Central banks dole out cash as bailout doubts grow
 Urgent work on $700b bailout plan appears to stall

Seattle-based WaMu, which was founded in 1889, is the largest bank to fail by far in the country's history. Its $307 billion in assets eclipse the $40 billion of Continental Illinois National Bank, which failed in 1984, and the $32 billion of IndyMac, which the government seized in July.

One positive is that the sale of WaMu's assets to JPMorgan Chase prevents the thrift's collapse from depleting the FDIC's insurance fund. But that detail is likely to give only marginal solace to Americans facing tighter lending and watching their stock portfolios plunge in the wake of the nation's most momentous financial crisis since the Great Depression.

Because of WaMu's souring mortgages and other risky debt, JPMorgan plans to write down WaMu's loan portfolio by about $31 billion, a figure that could change if the government goes through with its bailout plan and JPMorgan decides to take advantage of it.

"We're in favor of what the government is doing, but we're not relying on what the government is doing. We would've done it anyway," JPMorgan's Chief Executive Jamie Dimon said in a conference call Thursday night, referring to the acquisition. Dimon said he does not know if JPMorgan will take advantage of the bailout.

   Previous page 1 2 3 Next Page  
主站蜘蛛池模板: 久操福利视频 | 99久久精品国产9999高清 | 成人影院人人免费 | 中文字幕日韩国产 | a毛片在线看片免费 | 欧美激情欧美狂野欧美精品免费 | 一级aaaaaa毛片免费 | 亚洲精品一区二区三区四区手机版 | 日本高清无吗免费播放 | 国内xxxx乱子另类 | 手机看片自拍日韩日韩高清 | 亚洲黄色官网 | 亚洲国产欧美91 | 欧美午夜免费一级毛片 | 亚洲欧美成人 | 91热在线观看精品 | 久久色视频在线观看 | 91伊人国产 | 亚洲综合一 | 一级片视频在线 | 一区二区三区视频在线 | 最新国产三级在线观看不卡 | 精品在线观看视频 | 国产福利社区 | 欧美一区二区三区四区在线观看 | 欧美日本俄罗斯一级毛片 | 亚洲不卡一区二区三区在线 | 国产99久久精品 | 92看片淫黄大片一级 | 九九九九精品视频在线播放 | 黄色美女免费 | 国产一级爱做片免费观看 | 国产一区二区三区免费在线视频 | 久久频这里精品99香蕉久 | 国产亚洲自拍一区 | 国产成人午夜性a一级毛片 国产成人午夜性视频影院 国产成人香蕉久久久久 | 目韩一区二区三区系列片丶 | 日本xxxxx久色视频在线观看 | 日韩经典在线观看 | 成年人视频在线免费 | 欧美高清在线精品一区二区不卡 |