WAMU

AIG by JT2016

The Quiet Coup :: Simon Johnson

The Quiet Coup The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of […]

Wall Street by JT20162016

[video] A Look At Wall Street’s Shadow Market

A Look At Wall Street’s Shadow Market | 60 Minutes

Tullycast by JT2016

Barney Frank: “God save us from John McCain’s help”

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 […]