Washington Mutual

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks didn’t keep pace along the way. JPMorgan’s Big Decade One market leader of...

The current bull market turned six years old on Monday, and it seems appropriate to take a look back and see how far stocks have come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six...

Sixteen of the world’s largest banks were sued Friday by the Federal Deposit Insurance Corporation (FDIC) for fixing the London interbank interest rate (Libor). According to the FDIC, the move cost smaller, failed American banks such as Washington Mutual, IndyMac and Colonial money. Bloomberg...

This past weekend in Barron's online: why Goldman Sachs has held up better than its competitors, the prospects for Trinity Biotech, Steelcase and the Kraft Foods spinoff, and what it means to be a leader of philanthropic causes today. Cover Story "Built to Win" by Michael Santoli. In the...

In a revelation that will surely shock the nation, the Senate Permanent Subcommittee on Investigations concluded a year-and-a-half long inquiry into the collapse of Washington Mutual, once one of the nation's largest financial holding companies. The panel claimed that WaMu's collapse was due to a "...

Washington Mutual, Inc. has filed Chapter 11 bankruptcy protection only a couple of weeks after the resolution of the $4 billion conflict with JPMorgan Chase & Co. (NYSE: JPM) and the FDIC. Their proposed plan, that has yet to be approved by the judge, would create a $7 billion trust fund....