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Washington Mutual



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3Vote!

Hot OTC Pink Sheets Stocks November 23 2009

The following is a list of the Most Popular OTC , OTCBB, Pink Sheets Stocks going into November 24, 2009. Topping the list today is BizAuctions, Inc. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities.This list is my favorite way to track potential...

3Vote!

Will JPMorgan chief Jamie Dimon be our next Treasury Secretary?

Filed under: Rumors , Management , JPMorgan Chase (JPM) , Options , Politics , DJIA , Financial Crisis A report in The New York Post suggests that Jamie Dimon, CEO of JPMorgan Chase ( JPM ), could be the logical replacement for current U.S. Treasury Secretary Timothy Geithner. The paper's sources indicate that "a number of policy makers have begun mentioning Dimon as a successor to Geithner,...

3Vote!

Report: Jamie Dimon could replace Geithner

If nothing else, it's interesting to see someone testing the waters. Geithner remains highly unpopular in Congress, the public and even with Obama supporters. NYPost : Dimon, meanwhile, has achieved rock star status during the financial crisis, having navigated JPMorgan through the recession and being a go-to guy when Uncle Sam last year needed Wall Street's help during the collapses of Bear Stearns...

3Vote!

Chase shrugs off loss of CD investors

Since JPMorgan Chase took over Washington Mutual's banking operations last fall, billions of dollars in customer deposits have walked out the door as customers seek higher returns on their savings.

3Vote!

Lawyer David L. Spector faces ethics complaints

By Tracy Breton PROVIDENCE, R.I. -- David L. Spector, a lawyer from Needham, Mass., is under investigation in Massachusetts and Rhode Island regarding allegations that he took more than $500,000 he was supposed to pay banks in connection with refinancings for four clients, one of them a Westerly woman, according to David D. Curtin, the state Supreme Court's disciplinary counsel. No criminal charges...

3Vote!

Hot OTC Pink Sheets Stocks November 20 2009

The following is a list of the Most Popular OTC , OTCBB, Pink Sheets Stocks going into November 23, 2009. Topping the list today is General Growth Properties Inc. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities. This list is my favorite way...

3Vote!

Friday November 20 Housing and Economic stories

KeNosHousingPortal.blogspot.com TOP STORIES : 6 loans in 6 years: How one woman lost her house - ( www.seattletimes.nwsource.com ) Barbara Simonson, 90, had to sell her million-dollar home after a series of WaMu loans stripped much of its equity. Barbara Simonson lost her Blue Ridge house, designed by her husband, after repeatedly refinancing with WaMu. For more than half a century, Barbara Simonson...

3Vote!

Hot OTC Pink Sheets Stocks November 19 2009

The following is a list of the Most Popular OTC , OTCBB, Pink Sheets Stocks going into November 20, 2009. Topping the list today is General Growth Properties Inc. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities. This list is my favorite way...

3Vote!

Washington Mutual Facilitates a Multi-Million Dollar Ponzi Scheme

Attorneys have filed an action in the US District Court for the Northern District of California accusing yet another bank of nurturing a Ponzi scheme. The complaint was filed as a class action suit on behalf of victims of a $150 million Ponzi scheme involving thousands of defrauded investors and the promise of safe, high yield CDs.

4Vote!

Hot OTC Pink Sheets Stocks November 18 2009

The following is a list of the Most Popular OTC , OTCBB, Pink Sheets Stocks going into November 19, 2009. Topping the list today is General Growth Properties Inc. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities. This list is my favorite way...

6Vote!

Stock Market Trivia Quiz Answers

If you haven't taken the Quiz yet, click here and see if you can answer the questions first before looking at the answers. The answers have been bolded below. 1. What was the largest bankruptcy in U.S. history (as of November 2009)? a. Lehman Brothers Holdings, Inc. b. Washington Mutual c. Worldcom, Inc. d. General Motors e. CIT Group f. Enron Corp. g. Conseco, Inc. h. Chrysler i. Thornburg Mortgage...

3Vote!

Hot OTC Pink Sheets Stocks November 17 2009

The following is a list of the Most Popular OTC , OTCBB, Pink Sheets Stocks going into November 18, 2009. Topping the list today is Imaging3 Inc. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities. This list is my favorite way to track potential...

3Vote!

One Day At The Bank Branch (A short tale by Charles Goyette)

I received an Email this morning from Charles Goyette about the state of our banking system. One Day At The Bank Branch By Charles Goyette An old farmer walked into a rural branch of Washington Mutual to open a savings account. Being a conservative sort, he asked, “What happens if Washington Mutual goes broke?” “Well,” said the branch manager, “in that case I suppose we’d...

3Vote!

Hot OTC Pink Sheets Stocks November 16 2009

The following is a list of the Most Popular OTC , OTCBB, Pink Sheets Stocks going into November 17, 2009. Topping the list today is Imaging3 Inc. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities. This list is my favorite way to track potential...

3Vote!

Bair's chutzpah

Many thanks to Paul Solman for putting my question to Sheila Bair. Her answer is quite astonishing in its chutzpah: Solman : Felix Salmon, who blogs for Reuters and does a lot of very interesting reporting, wanted us to ask this: was the Washington Mutual intervention a mistake, given the knock-on effects it seems to have had on the broader community. And more generally, is there anything you would...