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WASHINGTONMUTUAL/
RTX8Y9Y
September 26, 2008
A customer waits outside a Washington Mutual (WaMu) Bank branch in Brooklyn, New York September 26, 2008....
New York, UNITED STATES
A customer waits outside a Washington Mutual Bank branch in Brooklyn
A customer waits outside a Washington Mutual (WaMu) Bank branch in Brooklyn, New York September 26, 2008. Washington Mutual Inc was closed by the U.S. government in by far the largest failure of a U.S. bank, and its banking assets were sold to JPMorgan Chase & Co for $1.9 billion. Thursday's seizure and sale is the latest historic step in U.S. government attempts to clean up a banking industry littered with toxic mortgage debt. Negotiations over a $700 billion bailout of the entire financial system stalled in Washington on Thursday. REUTERS/Brendan McDermid (UNITED STATES)
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