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David Callaway: Looking past the bailout to an October surprise
Lehman. AIG. Merrill Lynch. Washington Mutual. Wachovia. HBOS. Fortis. Bradford & Bingley. Wall Street. The City. Ireland. Iceland. Belgium. Holland. Germany. France. Luxembourg. Bank runs in Hong Kong and India.
MarketWatch.com  –  Oct 2, 2008 04:10 AM [GMT]  –  comment?
found in Business
Respect WaMu workers
JPMorgan Chase ought to pay employees of the former Washington Mutual the retirement benefits they have earned.
The Seattle Times  –  Oct 2, 2008 12:32 AM [GMT]  –  comment?
found in Local: Washington: Seattle-Tacoma
Photo from The Seattle Times WaMu's Fishman would refuse $11M severance pay
Alan Fishman, named Washington Mutual's CEO just 18 days before it was seized by federal regulators, will not accept a severance payment even if he is entitled to it, a spokesman representing him said Wednesday.
The Seattle Times  –  Oct 1, 2008 10:09 PM [GMT]  –  comment?
found in Local: Washington: Seattle-Tacoma
RenaissanceRe sees hurricanes hurting earnings by $275 mln
SAN FRANCISCO (MarketWatch) -- RenaissanceRe Holdings Ltd. said late Wednesday it estimates the combined net negative impact of HurricanesGustav and Ike on its third quarter results will be about $275 million. RenaissanceRe disclosed that it currently holds $8.7 million in fixed maturity securities ... more »
MarketWatch.com  –  Oct 1, 2008 9:50 PM [GMT]  –  comment?
found in Business: Markets
Reward for man who robbed Eugene bank
The FBI is offering a reward of up to $1,000 for information leading to an arrest and conviction of the person responsible for the Oct. 19, 2007, robbery of the Washington Mutual Bank located at 2840 Willamette in Eugene, Ore.
KVAL CBS 13  –  Oct 1, 2008 5:54 PM [GMT]  –  comment?
found in Local: Oregon: Eugene
WaMu employees try to tally stock losses, pensions uncertain
Thousands of Washington Mutual employees across the country whose stock options are worthless now face the possibility that their pension benefits might be at risk.
Sacramento Business Journal  –  Oct 1, 2008 4:23 PM [GMT]  –  comment?
found in Local: California: Sacramento
Photo from The Seattle Times WaMu creditors could challenge payments to Killinger, others
Creditors in Washington Mutual's bankruptcy could go after a $16.5 million cash severance payment promised to ousted CEO Kerry Killinger, experts said.
The Seattle Times  –  Oct 1, 2008 4:00 PM [GMT]  –  comment?
found in Local: Washington: Seattle-Tacoma
Hartford: Core businesses performing well, liquidity strong
SAN FRANCISCO (MarketWatch) -- Hartford Financial Services Group Inc. said Wednesday its core operating businesses are performing well and its liquidity remains strong. It also added that it is confident of its financial strength and its ability to honor its commitments. "The Hartford has a str ... more »
MarketWatch.com  –  Oct 1, 2008 3:44 PM [GMT]  –  comment?
found in Business: Markets
Bomb threat forces Santa Ana bank evacuation
Authorities searching for anything suspicious inside Washington Mutual branch.
The Orange County Register  –  Oct 1, 2008 10:00 AM [GMT]  –  comment?
found in Local: California: Los Angeles
Mortgage scam costs elderly Bremerton woman her home
When a 53-year-old man and an elderly woman with deteriorating mental capacity walked into a local branch of Washington Mutual in December 2007, they were granted a $100,000 mortgage on a home long since paid for, according to Bremerton Police detectives.
KOMO-TV  –  Oct 1, 2008 06:55 AM [GMT]  –  comment?
found in Local: Washington: Seattle-Tacoma