Financial Briefs

Breaking financial news from Wall Street to Main Street

J.P. Morgan to Take Over Faltering WaMu

Posted by financialbriefs on September 26, 2008

J.P. Morgan Chase & Co. was expected to announce as early as Thursday night a deal to acquire the bulk of Washington Mutual Inc.’s operations in a deal that would mark the end of independence for what once was the largest U.S. thrift.

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