What happens to Wamu stock ? Is Wamu buyout ?
WAMU is a public radio station that services is greater Washington, DC Metropolitan Area. The station's broadcasts and FM-88.5; online at wamu.org; and HD Radio at 88.5, Channel 1, 2 and 3, WAMU is in the air 24 hours a day. It has licensed the U.S. university and the studios are located near the campus in Northwest Washington, DC WAMU HD Channel 2 broadcasts WAMU's Bluegrass Country, also available on the bluegrasscountry.org.
JPMorgan Chase moves marked the second time in six months that it has taken a major financial institution has been gutted Soured mortgage holdings. In March, when the investment bank Bear Stearns Cos. teetered on the Brink of bankruptcy, JPMorgan Chase came and bought its competitor is the $ 29 billion deal that has accompanied the Federal Reserve for financial support.
The Wall Street Journal says that the WAMU shot down about 8 dollars per share offer JP Morgan, a price that was lower than that of the 52 weeks of a low of 8.72 dollars position to hit 17 March The TPG deal, which includes sales of 176 million new common shares $ 8.75 - a sharp discount is the 11.77 dollar price of the closure Tuesday - undermining existing shareholders nearly half, but it is probably better to accept a low-ball bid.
Wamu Stockholders Fails
What if the shareholder WAMU? the only winter comes and takes more than publicly traded entity will be lawsuits, if JPMorgan wants WAMU, they need to buy shares and give value to their shareholders, as the work WMAU and has 401k? Now it is clear why? cause the government says WAMU to be taken over? was a capitalist society, not communism, I do not have anything of value and im sure you feel the same way .... I love adopting two shit about what the government wants to ... this is total bs, we will have destroyed the
Wamu Failure and Closed
Washington Mutual, the largest U.S. savings and loans, was closed to the federal agency Thrift Supervision and the Federal Deposit Insurance Corporation was named receiver. Customers can expect to business as usual on Friday, the FDIC said.
Wamu failure Specifically :
- Does it make sense to yank our checking account?
- If they simply fail, will we lose anything?
- If they get bought up, will we lose anything?
- What happens to your loan when your lender folds? (I know you don't get off the hook, I just want to know if there are action items).
Read more at WAMU wiki page Click Here.
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