Contact Us

What will happen to the WaMu Theater at MSG?

Wamu

Washington Mutual Inc. bondholders are likely to lose most of their money after the thrift was seized in the largest U.S. bank failure in history, according to CreditSights Inc.

WaMu was taken over after customers withdrew $16.7 billion from accounts since Sept. 16, leaving the Seattle-based bank “unsound,” the Office of Thrift Supervision said yesterday. New York-based JPMorgan Chase & Co. then bought WaMu’s branch network for $1.9 billion to become the biggest U.S. bank by deposits. JPMorgan won’t acquire WaMu’s liabilities, including claims by senior and subordinated debt holders, according to the Federal Deposit Insurance Corp. [Bloomberg]

Nick Cave plays the WaMu Theater on October 4th.

Check It Out

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://www.brooklynvegan.com using your original account information.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for BrooklynVegan quickly by connecting your Facebook account. It's just as secure and no password to remember!