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WaMu Looks to Private Equity as Bank Teeters

Blackstone, Carlyle in talks after overtures to other banks flop

By Jason Farago, Newser Staff

Posted Sep 25, 2008 8:52 AM CDT

(Newser) – Washington Mutual is hoping private equity will save the bank after its efforts to broker a sale to another financial institution came to nothing. Both the Carlyle Group and Blackstone are considering a takeover of WaMu, insiders tell the Wall Street Journal, although a deal... Read full story »

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WaMu Looks to Private Equity as Bank Teeters

Blackstone, Carlyle in talks after overtures to other banks flop

private equity • Carlyle Group • takeover • Washington Mutual • Blackstone • WaMu

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More Newser Stories

Carlyle Group Files for IPO

Huge private equity company to open its books

Hedges, Private Equity Funds to Invest in Bailout

TALF program could see very rich outfits get even richer

Private Equity Giants See Big Payday—If They Don't Go Bust

All the major players have survived so far

JPMorgan Plans Relief for $110B in Mortgages

WaMu customers included in measure to avoid foreclosures

Stocks Climb Nearly 200 Points

Poor housing, durable goods goods data don't deter market's optimism

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