On WaMu's Birthday, JPMorgan Takes the Cake
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Well done by the FDIC. One swift chop to the neck and it is over. No lingering and no direct costs to the FDIC reserves. Kudos to JPMorgan's managers too - kept their powder in good condition and are reaping the benefits of being a sound bank even in troubled times.
On WaMu's Birthday, JPMorgan Takes the Cake [View article]