Details of the JPMorgan (JPM) WaMu (WM) takeover: JPM is paying to FDIC $1.9 billion for all...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor
Details of the JPMorgan (JPM) WaMu (WM) takeover: JPM is paying to FDIC $1.9 billion for all WM's  banking operations, assets and financial contracts. The Office of Thrift Supervision shut down WaMu and named FDIC as the receiver. WaMu and its subsidiary, WaMu FSB, have $380B in assets and $188B in deposits.