NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) has acquired certain assets of Washington Mutual Inc (WM.N) for $1.9 billion after the large savings and loan was closed by regulators on Thursday.
The acquisition will have no impact on WaMu's depositors or customers. The bank had $188.3 billion in deposits and the Office of Thrift Supervision described it as a $307 billion institution.
(Reporting by Elinor Comlay; Editing by Gary Hill)
NEW YORK (Reuters) - If the men accused of plotting the September 11 attacks wonder what conditions they might face when they are moved to New York from Guantanamo Bay for trial, they can expect solitary confinement, 23-hour-a-day lockdowns, constant video surveillance and almost no visitors.
After a run of easy money this year, fund managers cast a wary eye on investment prospects in 2010. Full Article
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