A few weeks back, we saw IndyMac bank get seized by the government, marking the biggest bank failure ever to happen in these United States' history. So what happened today, you may ask? The biggest bank failure ever EVER in these United States' history. Yessir, in a thrilling display of one-ups-manship, Washington Mutual imploded under the weight of it's own bad debt and was acquired at bargain basement prices by J.P. Morgan Chase. Mind you, this is the same Chase that picked up the [...]
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