Tag Archives: doldrums


JPMorgan Purchases WaMu Branches for $1.9 Billion

New York (HedgeCo.Net) – JPMorgan Chase & Co. has purchased Washington Mutual’s branch network for $1.9 billion, making them the largest U.S. bank by deposits. The deal was encouraged by the U.S. government after consumers withdrew over $16 billion from […]

Hedge funds control free markets

Folks, I want to share some information with you on "hedge funds." I have wanted to do this for some time now, but it seems each week some other topic pushes this one aside. Hedge funds are simply large – […]

WaMu, Sovereign get British hedge fund investment

Reuters – An activist British hedge fund has taken a 6 percent stake in Washington Mutual Inc as the largest U.S. savings and loan tries to rebound from billions of dollars of mortgage-related losses. The London-based fund, Toscafund Asset Management, […]

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