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WaMu Chapter 11 Plan Rejected Again, in Part

A bankruptcy judge rejected Washington Mutual's Chapter 11 plan for a second time, finding the company was too generous with senior creditors but not dismissing the central details of the plan.

 

WaMu Gets Closer to Bankruptcy Exit

Washington Mutual reached a deal that could end a two-and-a-half-year bankruptcy odyssey that began with the largest bank failure in U.S. history.

 

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