Washington Mutual, once a prominent savings and loan institution, saw its stock value plummet dramatically leading up to its bankruptcy in September 2008. By December 22, 2008, Washington Mutual's stock was effectively worthless, trading at less than $0.10 per share, as the company had been seized by regulators and its assets sold off. The financial turmoil during that period was a significant part of the broader subprime mortgage crisis and the resulting financial collapse.
Value of each share of Mckesson common stock on September 28th 1981
Washington Mutual
There are no Washington Mutual locations. The bank collapsed in 2008 and was bought out by JP Morgan Chase. Washington Mutual locations are now Chase banks.
No, Bank of America did not buy Washington Mutual. Instead, Washington Mutual was seized by the Office of Thrift Supervision in September 2008 due to its financial difficulties and was subsequently sold to JPMorgan Chase. This acquisition was part of the larger fallout from the financial crisis of 2008.
2008
wm was at about $15.50/share
Value of each share of Mckesson common stock on September 28th 1981
30.32 as of March 2008
Mutual funds performed poorly in the year 2008 because of the stock market crash and the economic crisis. Since the price of almost all stocks went down heavily, the NAV of the mutual funds went down and hence their performance was poor.
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Washington Mutual was a savings bank holding company in the United States. Unfortunately, in September 2008 Washington Mutual was placed into receivership.
Washington Mutual
There are no Washington Mutual locations. The bank collapsed in 2008 and was bought out by JP Morgan Chase. Washington Mutual locations are now Chase banks.
As of February 21, 2008, there are no Washington Mutual branches in Arkansas. The closest branch is in Texas.
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MCX Stock Exchange was created in 2008.
Maldives Stock Exchange was created in 2008.