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  • The FDIC, in a lawsuit filed in federal court in Seattle in March, accused former Chief Executive Kerry Killinger , ex-President Stephen Rotella , and David Schneider , the bank's former home-loans president, of taking gambles that sparked the thrift's collapse in 2008.

    WaMu Ex-Officials Settle FDIC Lawsuit

  • Last week, the FDIC accused the wives of Washington Mutual Inc.'s two top executives at the time of the big thrift's 2008 collapse of illegally moving cash and houses into trusts to shield the assets.

    Banks Hit for Credit Union Ills

  • The Federal Deposit Insurance Corp. is close to settling a lawsuit that accused former Washington Mutual Inc. executives of taking gambles that sparked the thrift's 2008 collapse, and of illegally seeking to shield cash and houses from legal claims.

    FDIC Working on Settlement with Former WaMu Executives

  • But J.P. Morgan recorded a $30 billion write-down related to the thrift's home-lending assets and added $1.5 billion to its loan-loss reserves because of expected losses in the WaMu portfolio.

    J.P. Morgan Targets FDIC Funds for WaMu Claims

  • Killinger, Rotella and Schneider of taking gambles that sparked the thrift's collapse in 2008.

    Ex-Officials at WaMu Cede Claims Over Cash

  • It also agreed to guarantee some of the thrift's worst assets.

    Peter Dreier: Steve Mnuchin, Meet Rose Gudiel

  • In the suit against the executives, the FDIC accused Mr. Killinger, former President and Chief Operating Officer Stephen Rotella and former home-loans President David Schneider of reckless lending gambles that sparked the thrift's collapse.

    WaMu Settles Lawsuit, To Pay $208.5 Million

  • Dwight H. Williams Jr. of the U.S. Bankruptcy Court in Montgomery, Ala., on Tuesday granted summary judgment to Colonial BancGroup Inc., the failed thrift's corporate parent, in a ruling dismissing the FDIC's attempt to go after the parent for failure to maintain capital levels at the bank.

    Colonial Bank Parent Wins Bankruptcy Fight With FDIC

  • If approved by the bankruptcy court, the settlement will end a series of legal actions spawned by the WaMu seizure, and divide up billions of dollars among the thrift's former owner, its new owner, and the regulators who brokered the deal.

    WaMu Files Reorganization Plan

  • The tax benefit stems from J.P. Morgan's acquisition of Washington Mutual and is part of the bankruptcy proceedings of the failed Seattle thrift's parent company.

    FDIC Stands Between J.P. Morgan and a WaMu Payoff


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