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Judge delays ruling on WaMu turnover request

WILMINGTON, Del. – (AP) The judge presiding over Washington Mutual Inc.’s bankruptcy protection case declined to issue an immediate ruling Thursday on the company’s request that JPMorgan Chase & Co. be ordered to turn over some $4 billion in disputed assets. After hearing more

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Zombie stocks: Speculators gamble on firms whose shares may be worthless

The prices of so-called blue-penny stocks rarely rise above a buck. That, plus the lure of familiar failures such as Washington Mutual and Lehman Bros., make for a lively, if extremely risky, market. A year ago, Washington Mutual Inc. collapsed into bankruptcy and disappeared. But its stock is still trading …

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Delaware judge retains control over WaMu dispute

WILMINGTON, Del. – (AP) A Delaware bankruptcy judge on Wednesday refused to cede control over a dispute between Washington Mutual Inc. and JPMorgan Chase & Co.

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Judge hears arguments in WaMu bankruptcy

WILMINGTON, Del. – (AP) A Delaware bankruptcy judge on Wednesday declined to rule immediately on a request by Washington Mutual Inc. for authorization to examine records of JPMorgan Chase & Co.

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WaMu sues JPMorgan Chase

WILMINGTON, Del. – (AP) Lawyers for Washington Mutual Inc.

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Judge rules against WaMu confidentiality request

WILMINGTON , Del. – (AP) A federal bankruptcy judge on Tuesday denied a request by Washington Mutual Inc

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Judge allows sales of WaMu investments

WILMINGTON , Del. – (AP) A federal bankruptcy judge granted a request Tuesday by Washington Mutual Inc. to sell certain equity holdings and its limited partnership interests in 10 venture capital funds

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Auction prices WaMu debt at 57 cents on the dollar

NEW YORK – (AP) Nearly $1 billion in debt from failed bank Washington Mutual Inc. sold in an auction Thursday at a markedly higher price than was seen for a similar auction of Lehman Brothers debt.   The auction priced $988 million of Washington Mutual debt at 57 cents for every $1 of debt sold.

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Feds investigate failure of Washington Mutual

SEATTLE – (AP) Federal authorities said Wednesday they have opened an investigation into the failure of Washington Mutual Inc., the largest bank failure in U.S. history.   U.S.

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