DALLAS, Feb. 10, 2010 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Washington Mutual Inc. (Pink Sheets:WAMUQ). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.investorsoup.com/lp/WAMUQ
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Washington Mutual Inc. (WAMUQ) is a consumer and small business banking company with operations in U.S. markets. The Company is a savings and loan holding company. It owns two banking subsidiaries, Washington Mutual Bank (WMB) and Washington Mutual Bank fsb (WMBfsb), as well as numerous non-bank subsidiaries. The Company operates in four segments: the Retail Banking Group, which operates a retail bank network of 2,257 stores in California, Florida, Texas, New York, Washington, Illinois, Oregon, New Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and Connecticut; the Card Services Group, which operates a nationwide credit card lending business; the Commercial Group, which conducts a multi-family and commercial real estate lending business in selected markets; and the Home Loans Group, which engages in nationwide single-family residential real estate lending, servicing and capital markets activities. In September 2008, the Company filed for Chapter 11 bankruptcy.
Message Board Search for WAMUQ: http://www.boardcentral.com/boards/WAMUQ
In the report, the analyst notes:
"A Delaware bankruptcy judge in late January denied WAMUQ's request to force government regulators to hand over documents related to the 2008 collapse of WAMUQ. In a court filing last month, the bank holding company asked the court to direct the handing over of documents and the examination of witnesses from a host of regulatory bodies, ratings agencies, banks and other entities. Some, including the Federal Reserve and Treasury Department, agreed to turn over at least some records, but the Federal Deposit Insurance Corp. objected to WAMUQ's request.
To read the entire report visit: http://www.investorsoup.com/lp/WAMUQ
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