The latest news on Washington Mutual
A year of bailouts provoked fury, but some of them are likely to pay off.
Big bank hit hard by higher loan delinquencies.
Pensions remain intact until further notice.
Deal makes JPMorgan the largest U.S. bank by deposits.
Banking company uses three different scenarios to outline its expectations.
WaMu depositors ran for the exits after Lehman filed for bankruptcy.
The company had $307 billion in assets.
The timing couldn't be worse.
Customers can still get their cash—and still have to pay their mortgage.
Stockholders will get nothing, while secured debt holders will get 27 cents per dollar.