3 ms·

Wasn't this a famously bad transaction for JPM?

• sgerenser 4y ago
  This retrospective analysis (1 year after the transaction) shows it was probably a reasonable, although not great, deal: https://www.fool.com/investing/general/2009/09/25/jpmorgan-and-wamu-was-it-a-good-deal.aspx https://www.fool.com/investing/general/2009/09/25/jpmorgan-a... Chase getting a whole bunch of branches in the Southeast and Washington state for practically free probably left them better off in the long run.
  • MrMan 4y ago
    it was a tiny deal in terms of the outlay, and I think it was positive to natural long term. not a very risky move for JPM