Washington Mutual

Washington Mutual (or WaMu; NYSE: WM) was United States largest savings and loan association.

The Washington Mutual Tower (also known by its address as 1201 Third Avenue) was 2008 the second tallest skyscraper in the downtown Seattle skyline. Standing at a height of 235 meters (772 feet), and containing 55 stories, it is also the eighth tallest skyscraper on the West Coast.

14.07.2008 Proof Washington Mutual Is Screwed
"WaMu releases earnings tomorrow and normally companies are loathe to say or do anything prior to these releases for fear of being charged with manipulating the market.
Not WaMu, though. No, they felt it necessary to release the following statement..." (venicesurfreport.com)

Founded 1889
Headquarters Seattle, Washington
Key people Kerry Killinger, CEO
Industry Finance and Insurance
Products Consumer Banking
Financial Services slogan = Whoo hoo!™
Revenue $15.962 billion USD
Employees 60,798
Subsidiaries WaMu Investments, Inc; Washington Mutual Insurance Services; Washington Mutual Card Services
Website http://www.wamu.com/

Washington Mutual Drop Wipes Out Most of TPG Holding (Update3)
July 15 (Bloomberg) -- TPG Inc.'s plan to profit from Washington Mutual Inc., the biggest U.S. savings and loan, may be sinking with the housing market.

The private-equity firm, led by David Bonderman, anchored a $7 billion cash injection into Washington Mutual in April by purchasing stock at a discount. The Seattle-based lender's share price has since plummeted, wiping out two-thirds of the investment's value.

Analysts at Lehman Brothers Holdings Inc. said yesterday WaMu may post $26 billion of losses this year. The stock lost 92 percent of value in the past year before today.

http://www.bloomberg.com/apps/news?pid=20601213&sid=a4my0F6cVm2k&refer=home