Other banks that have been growing in the market include Wells Fargo and Washington Mutual.
Washington Mutual "took the brunt of the broadside and was hammered ridiculously, " says Wright.
Washington Mutual is the latest blowup in a checkered history of savings and loan disasters.
The shares of financial services giant Washington Mutual have been dragged down by interest rate worries.
This week, Washington Mutual had to do something that financial institutions do not like to do.
The chances of putting a Washington Mutual in your portfolio have gone way down.
There were also big withdrawals at Washington Mutual right before it was seized by the government.
The OTS also supervised the two biggest banks to fail so far: IndyMac and Washington Mutual.
So, I'm not quite sure I would jump at putting money in Washington Mutual.
Right now, only two U.S. banks, Bank of America and Washington Mutual, issue covered bonds.
Now he argues that Washington Mutual is artificially boosting profits, later taking writeoffs to reflect the true picture.
The FDIC says Wachovia did not fail, as Washington Mutual did last week.
JPMorgan Chase's takeover of Washington Mutual in 2008 was done under similar conditions.
Bass Group sold American Savings to, of all companies, Washington Mutual, in 1996.
Seattle's Washington Mutual provides a play area for customers' kids at some branches.
Jewell, a former commercial banker at Washington Mutual, has been the president and CEO of REI since 2005.
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Joshua Hochberg was recently appointed as bankruptcy examiner for Washington Mutual, another casualty of the recent financial crisis.
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Bonderman, whose failed investment in Washington Mutual during the financial crisis dented his reputation, needs a potentially lucrative sizable deal.
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Washington Mutual, the nation's largest savings and loan, said the ongoing credit troubles could affect its ability to issue loans.
Some of them were stupid enough to buy Fannie and Freddie preferred stock, Lehman's commercial paper, Washington Mutual's paper, also.
Bear Stearns and Washington Mutual were both former Deloitte audit clients before JPMorgan Chase inherited those operations during the financial crisis.
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Second, the FDIC's main approach so far, as with Washington Mutual and IndyMac, has been to restructure the banks for acquisition.
Washington Mutual records those profits on the securitization immediately, instead of spreading them out over the life of the underlying loans.
The woes of Lehman Brothers, Washington Mutual and Wachovia suggest that many banks are still carrying assets at unrealistically high values.
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And by September, Wachovia and Washington Mutual were part of another entity.
Although the city is suffering from the loss of Washington Mutual and the downsizing of Starbucks, Boeing and Microsoft are still relatively strong.
Seattle's Washington Mutual (nyse: WM - news - people ) provides a play area for customers' kids at some branches.
Mr. GARY GORDON (Portales Partners): While Washington Mutual certainly does not have a pristine loan portfolio, it's a lot better looking than IndyMac's was.
Like Bear Stearns, Lehman Brothers and IndyMac, Washington Mutual was caught in the implosion of the mortgage market, NPR's Jim Zarroli tells Linda Wertheimer.
Washington Mutual 's Kerry Killinger called in a few friends from the past to help salvage the largest U.S. thrift, and possibly his job.
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