by Calculated Risk on 9/12/2008 01:35:00 PM

Update from WSJ: WaMu CEO Brings in Former Aide

A person close to the company also discounted suggestions Friday that serious talks are underway between WaMu and J.P. Morgan Chase & Co. ...

From The American Banker: JPMorgan Chase in Advanced Talks to Buy Wamu: Sources

JPMorgan Chase is in advanced discussions to buy Wamu, sources said Friday. While a deal has not been struck, and could fall apart, talks are ongoing at the highest levels ...