• Sprott Money
    03/26/2015 - 11:56
    Take the S&P Index and multiply by the US dollar index. This removes most of the currency variation. Do the same with silver. The chart of silver times the dollar looks very much like silver...

Washington Mutual

Tyler Durden's picture

Watch The Washington Mutual Grilling Live And Commercial Free

The hearing by the Permanent Subcommittee on Investigations is starting its grilling of WaMu executives on "The Role of High Risk Home Loans." Watch the hearing live and commercial free here.

Below are the scheduled appearances and testimonies. The full 666 page exhibit list can be found here.

Tyler Durden's picture

Washington Mutual Sues JPMorgan To Recover $4 Billion In Deposits

WaMu has had enough and has filed a suit against JPM, trying to recover its $4 billion in deposits. WaMu, claims the money is being held by its former subsidiary, Washington Mutual Bank, which JPMorgan bought for $1.9 billion last year (not a bad deal if we may say so ourselves: you buy $1 for less than 50 cents on the dollar, with the FDIC guaranteeing any potential losses on the transaction). Seattle-based Washington Mutual has been trying to recover the money since filing for bankruptcy in September.

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