Washington Mutual (WaMu)

Bank that failed on September 25, 2008, in the largest bank failure in American history. Its banking operations were sold to JPMorgan Chase.

Key Relationships

Employed By

• Person Alan H. Fishman - Fishman was the CEO of Washington Mutual for 17 days from September 8, 2008 until the bank's assets were seized. Credible Reporting
• Person Kerry Killinger - Kerry Killinger was the outgoing CEO of Washington Mutual who was replaced by Fishman. Credible Reporting

Part Of

• Event Washington Mutual asset seizure - Washington Mutual's banking assets were seized by federal regulators in the largest bank failure in American history. Credible Reporting
• Event Washington Mutual bankruptcy - The remainder of Washington Mutual declared bankruptcy the day after its banking assets were seized. Credible Reporting

Owned

• Organization JPMorgan Chase & Co. - JPMorgan Chase purchased Washington Mutual's banking operations for $1.9 billion. Credible Reporting

Source Documents & Evidence