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WaMu, TPG deal stokes controversy

Washington Mutual pitched its deal with private equity giant TPG in April as a way to heal the troubled thrift. But for some critics, Read more...

Washington Mutual board makes big changes

The board of Washington Mutual is getting busy, as it should. It certainly doesn't want to be seen as a done-nothing sort of board that fiddled while the company burned. It Read more...

Tough times at WaMu

While analysts generally applauded the move by Washington Mutual to exit the wholesale mortgage business and shutter retail loan centers, there Read more...
Tags: WaMu   job security  

Behind the scenes at UBS

UBS's "fall from grace," as the Financial Times puts it, was nothing short of stunning. The funny thing is, that it was bound and determined not to be undone like this. Way back in 1988, Read more...

Will CEO turmoil continue?

We've seen a lot of high profile CEO lose their jobs. Stanley O'Neal. Chuck Prince. Jimmy Cayne. But at least one MarketWatch commentator thinks at least two other fairly big name CEOs ought to be Read more...

Goldman Sachs' short call raises brows

Such is the stature of Goldman Sachs that people regularly read all kinds of motives into its research. Its bearish report on real estate recently was thought by some to be mere covering fire for Read more...

Bank directors feeling shareholder heat?

We've been talking a bit about whether any big bank board Read more...

Winning deals abound

The deal of the decade? Banks seemingly have their hats out. They need capital and pretty darn fast. Washington Mutual merely is the latest ink a capital raising deal. This is one of those Rorschach Read more...

More on private equity and banks

Private equity funds traditionally have not had a lot of time for public investments (not enough control for them) and financial Read more...