Posted by Reuters: Business News on December 13, 2011
(Reuters) – Washington Mutual Inc, the biggest bank to fail in U.S. history, said it reached a settlement in a dispute between shareholders and certain creditors that had prevented the bank from emerging from Chapter 11 bankruptcy proceedings.
Posted by Reuters: Business News on June 13, 2011
WASHINGTON (Reuters) – Washington should streamline permitting for construction projects and make it easier for tourists to visit the United States to help boost hiring and spur the economy, a top adviser to President Barack Obama said.
Posted by Reuters: Business News on February 8, 2011
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc scrapped a rights offering after hedge funds pulled out of a settlement at the heart of the company’s latest plan to exit bankruptcy, according…
Posted by Reuters: Business News on December 2, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc defended on Thursday its plan to repay creditors, while an attorney for disgruntled shareholders attacked the proposal because it leaves them…
Posted by Reuters: Business News on October 18, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc was cleared on Monday to begin court hearings to approve its disclosure statement, which will allow the bank holding company to seek a creditor…
Posted by Reuters: Business News on July 2, 2010
HOUSTON (Reuters) – Washington was preparing a revised offshore oil drilling moratorium and cleanup efforts in the Gulf of Mexico returned to normal on Friday after hurricane Alex passed through the region without doing major damage.
Posted by Reuters: Business News on May 23, 2010
WASHINGTON (Reuters) – Washington Mutual Inc and the Federal Deposit Insurance Corp have reached a global settlement that will return $7 billion to the bank’s creditors, a critical step in the bankruptcy involving the biggest bank failure in U.S. history.
Posted by Reuters: Business News on May 17, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc proposed an amended plan of reorganization on Monday that would return $7 billion to creditors, but it was unclear if the Federal Deposit Insurance Corp would support the plan.
Posted by Reuters: Business News on May 5, 2010
NEW YORK (Reuters) – Washington Post Co said on Wednesday it is considering the sale of its money-losing Newsweek magazine, which it has owned since 1963.
Posted by Reuters: Business News on March 30, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc , the biggest bank failure in history, may have a second life after bankruptcy.
