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Wednesday, September 17, 2008

Report: Regulators Looking for a Buyer for WaMu

by Calculated Risk on 9/17/2008 08:27:00 AM

The NY Post reports: Feds Try to Find a Buyer for WaMu

The fate of Washington Mutual remained in question yesterday as federal regulators recently called a number of banks asking if they would consider buying the nation's largest savings and loan should it eventually falter, sources told The Post.

In recent days, federal banking regulators have reached out to Wells Fargo, JPMorgan Chase, HSBC and several other financial institutions ...
And the day begins ...