WaMu: The biggest bank failure in U.S. history.

JPMorgan Buys WaMu Bank Business as Thrift SeizedSept. 25 (Bloomberg) — JPMorgan Chase & Co., the third- biggest U.S. bank by assets, agreed to acquire Washington Mutual Inc.’s deposits and branches for $1.9 billion after regulators seized the thrift in the biggest bank failure in U.S. history.Customers withdrew $16.7 billion from WaMu accounts since Sept. [...] continue reading the breaking news