Robert Giroux / Getty 2008 $327.9 billion in assets In 2003, Washington Mutual Inc.' S then chairman and CEO Kerry Killinger outlined his company's goals by saying, 'We hope to do to this industry what Wal-Mart did to theirs. If we've done our job, five years from now you're not going to call us a bank.' Killinger was right — but not in the way he intended. Five years later, WaMu was crippled by the 2007-08 subprime-mortgage-loan crisis; within a year its stock price dropped from $30 a share to $2. In September 2008, worried customers withdrew $16.7 billion in deposits within a 10-day span, prompting the government to place the bank under control of the FDIC, which sold all its assets to JPMorgan Chase for $1.9 billion — making Washington Mutual the largest bank failure in history.

The following day, Sept. 26, 2008, the bank filed for Chapter 11 bankruptcy and was delisted from the New York Stock Exchange. Unhappy with the details of its new ownership, WaMu sued JPMorgan Chase for access to $4 billion in deposits that it wants back; the case has not yet been settled.

SCOTTSDALE, Arizona (Reuters) - Washington Mutual Inc has filed a petition for Chapter 11 bankruptcy protection from creditors in U.S. Microsoft Project Management Templates. Bankruptcy court in Delaware.

Washington Mutual Files for Chapter 11. Washington Mutual logo, WaMu, banks banking FDIC finance financial bankruptcy AP. Washington Mutual, Inc., and the interests of equity. Washington Mutual, Inc. Filed for bankruptcy protection on Friday, September 26th.

In the voluntary petition filed late Friday, the company listed assets of $32.9 billion, and debts of $8.2 billion, putting it in the top 10 largest U.S. Bankruptcy cases ever filed. Bank of New York Mellon, as a trustee for debtholders, was listed as the company's largest creditor. According to the petition, Washington Mutual is being represented by New York law firm Weil Gotshal & Manges, which also represents Lehman Brothers Holdings Inc in its Chapter 11 case.

Kenwood Rxd-f4 Service Manual. Its subsidiary, WMI Investment Corp, also filed for bankruptcy protection, Washington Mutual said in a statement. The bankruptcy filing is a procedural step, as Washington Mutual was closed by the U.S. Government this week in the largest U.S. Bank failure in history.

Its banking assets were sold to JPMorgan Chase & Co for $1.9 billion.