Home › Forums › Financial Markets/Economics › Holy Shit Sandwiches: WaMu taken over by FDIC; deposits sold to JP Morgan › PadreBrian wrote:Will
[quote=PadreBrian]Will JPMorgan keep the wamu name? They aren’t under FDIC so they don’t have to use the federal in their name. [/quote]
It would be incredible foolish if they did with confidence in WaMu the way it is…the name is actually really deterimental.
The funny thing is that with this acquisition Moodys has promptly downgraded JP Morgan! LOL!