Washington Mutual Inc
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Obama plans to keep Republican FDIC chair Bair: report
WASHINGTON (Reuters) - Democratic President-elect Barack Obama intends to retain Federal Deposit Insurance Corp head Sheila Bair, who has pushed for fast mortgage modifications, according to a report on Wednesday. Full Article
UPDATE 1-Obama plans to keep Republican FDIC chair Bair-WSJ
WASHINGTON, Jan 7 (Reuters) - Democratic President-elect Barack Obama intends to retain Federal Deposit Insurance Corp head Sheila Bair, who has pushed for fast mortgage modifications, according to a report on Wednesday. Full Article
Private equity group buying IndyMac assets
WASHINGTON/NEW YORK (Reuters) - The assets of failed U.S. mortgage lender IndyMac are being bought by a group of private equity and hedge fund firms, including Dune Capital Management and J.C. Flowers & Co, which are putting up $1.3 billion in cash. Full Article
Private equity group buying IndyMac assets
WASHINGTON/NEW YORK (Reuters) - The assets of failed U.S. mortgage lender IndyMac are being bought by a group of private equity and hedge fund firms, including Dune Capital Management and J.C. Flowers & Co, which are putting up $1.3 billion in cash. Full Article
UPDATE 2-Private equity group buying IndyMac assets
(Recasts; adds Mnuchin, FDIC, Talbott comments, details of deal) Full Article
Happy New Year? Not for credit card companies
NEW YORK (Reuters) - Credit card companies have little to celebrate as many analysts brace for 2009 to be one of the worst years on record for consumer credit. Full Article
Bank of America, Wells close mergers as banking transforms
NEW YORK (Reuters) - Bank of America Corp completed its purchase of Merrill Lynch & Co and Wells Fargo & Co finished buying Wachovia Corp, the latest sea changes in a transformed banking industry facing dire economic times ahead. Full Article
Bank of America, Wells close mergers as banking transforms
NEW YORK (Reuters) - Bank of America Corp completed its purchase of Merrill Lynch & Co and Wells Fargo & Co finished buying Wachovia Corp, the latest sea changes in a transformed banking industry facing dire economic times ahead. Full Article
Wells Fargo completes Wachovia purchase
NEW YORK (Reuters) - Wells Fargo & Co said it has completed its roughly $12.7 billion purchase of Wachovia Corp, a big bet that it properly assessed the risks in Wachovia's huge book of mortgage and real estate loans. Full Article
Wells Fargo completes Wachovia purchase
NEW YORK, Jan 1 (Reuters) - Wells Fargo & Co said it has completed its roughly $12.7 billion purchase of Wachovia Corp, a big bet that it properly assessed the risks in Wachovia's huge book of mortgage and real estate loans. Full Article
