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JPMorgan Chief Had Long Drooled Over WaMu

Firm writes down $31 billion in bad debt, but builds nation's largest bank

By Nick McMaster, Newser Staff

Posted Sep 26, 2008 2:45 PM CDT

(Newser) – The failure of Washington Mutual was an opportunity for JPMorgan Chase CEO Jamie Dimon, who long held a desire to buy the bank, the Seattle Times reports, and saw its large West Coast presence as particularly attractive. Now Dimon, who incorporated Bear Stearns earlier this... Read full story »

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JPMorgan Chief Had Long Drooled Over WaMu

Firm writes down $31 billion in bad debt, but builds nation's largest bank

mergers and acquisitions • credit crisis • Washington Mutual • FDIC • JPMorgan Chase • mergers • financial crisis

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Letters to Dimon: You'll 'Die in 10 Days'

Feds hunt author of threats to bank CEO

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Japan's mistake of liquidity vs. solvency being repeated: Baker

Pfizer Snaps Up Wyeth for $68B

Merger would be largest pharma deal since GlaxoWellcome-SmithKline 2000 merger

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