private investors
Q & A: How does WaMu's financial state affect you?
Posted April 9th, 2008 by AdminAngels come to WaMu's rescue
Posted April 8th, 2008 by AdminA group is said to be in talks to buy a $5-billion stake in the lender. Shares of Washington Mutual Inc. soared almost 30% on Monday on news that private investors are close to a deal to pump $5 billion into the battered mortgage lender, offering hope that the financial industry's fortunes could be turning around.
2 big sub-prime losers shore up their reserves
Posted December 11th, 2007 by AdminSwiss bank UBS and top bond insurer MBIA raise outside financing. A stream of cash from private investors into banks and other companies that have been hurt by the sub-prime mortgage crisis is raising hope that battered financial stocks have hit bottom.