by Calculated Risk on 9/16/2008 12:21:00 PM
Tuesday, September 16, 2008
Reuters: WaMu No Active Merger Talks with JPMorgan
From Reuters: Washington Mutual stock rises; merger talk disputed
Britain's Daily Mail newspaper, citing no sources, reported that JPMorgan was expected to make a bid for Washington Mutual. But two people familiar with the matter told Reuters that JPMorgan was not in active talks at the moment to buy the largest U.S. thrift.Here is the Daily Mail article: JPMorgan Chase in new bid for Washington Mutual. The Daily Mail's headlines and stories can be funny. They make most bloggers look calm.