Paulson

Tullycast by JT2016

“Worst Week Ever” Starring John McCain w/ David Letterman

Wall Street by JT20162016

JP Morgan Buys Washington Mutual

WASHINGTON -(Dow Jones)– JPMorgan Chase & Co. (JPM) acquired Washington Mutual Inc. (WM) via a bidding process, after the thrift became the biggest bank failure in U.S. history, regulators announced late Thursday. “With insufficient liquidity to meet its obligations, WaMu was in an unsafe and unsound condition to transact business,” the Office of Thrift Supervision […]

Tullycast by JT20162016

700 Billion? “We Just Wanted to Choose a Really Large Number”

“It’s not based on any particular data point,” a Treasury spokeswoman told Forbes.com Tuesday. “We just wanted to choose a really large number.” Bad News For The Bailout Brian Wingfield and Josh Zumbrun FORBES DOT COM 09.23.08, 6:39 PM ET Lawmakers on Capitol Hill seem determined to work together to pass a bill that will […]