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Because JPMorgan Chase bought WaMu's assets for a low price, WaMu's stockholders were nearly wiped out. Its stock price dropped to $0.16 a share, well below its high of a year earlier. [192] In its Chapter 11 filing, WaMu listed assets of $33 billion and debt of $8 billion.
Kerry Killinger. Kerry Killinger (born June 6, 1949) is an American businessman and author. He is founder and CEO of Crescent Capital Associates, [1] and previously served as chairman and chief executive officer of Washington Mutual from 1990 until 2008. [2] [3]
Providian was a company that sold credit in the "subprime" market. Providian provided credit cards primarily to the lowest income groups in the U.S. at high interest rates. The annual percentage rates (APR) charged by Providian were as high as 29.9 percent. In a March 1999 memorandum published by the San Francisco Chronicle, the founder of the ...
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Website. www .wamu .org. WAMU (88.5 FM) is a public news – talk station that services the greater Washington, DC metropolitan area. It is owned by American University, and its studios are located near the campus in northwest Washington. WAMU has been the primary National Public Radio member station for Washington since 2007.
16 March 1946. Nationality. American. Occupation. Businessman. Known for. Washington Mutual 's last weeks. Alan H. Fishman (born 16 March 1946) [1] is an American businessman. He was the last CEO of Washington Mutual (WaMu) [2] prior to federal regulators seizing its assets on September 25, 2008.
Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. [3] Wachovia provided a broad range of banking, asset management, wealth management, and corporate ...
Howard Fieldstad Ahmanson, the company's founder, was born in Omaha, Nebraska on July 1, 1906. [1] Considered by his father to be a genius by the age of five, Ahmanson founded the H.F. Ahmanson company in 1927, before graduating from the University of Southern California. [2] Ahmanson's company specialized in casualty insurance and quickly ...