Citi, JP Morgan Consider WaMu Buyout

Banking giants Citi Group and JPMorgan & Chase are considering whether to buy troubled Washington Mutual, according to Reuters. WaMu had extensive mortgage holdings and has dropped significantly during the credit crunch.

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Banking giants Citi Group and JPMorgan & Chase are considering whether to buy troubled Washington Mutual, according to Reuters.

WaMu had extensive mortgage holdings and has dropped significantly during the credit crunch.

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