
JPMorgan Chase & Co has acquired certain assets of Washington Mutual Inc for $1.9 billion after the large savings and loan was closed by regulators on Thursday.
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I think they've teetering on the edge of collapse for a while based on all I've read over so many months.
Free markets are supposed to do exactly what they're doing currently. They up, they go down, they expand, contract, and above all correct themselves eventually.
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