WaMu shares plummet 25%

WaMu Said to Approach Blackstone as Bailout DebatedSept. 25 (Bloomberg) — Washington Mutual Inc.’s options may be dwindling as potential bidders shy away from making an offer because it’s not clear how much the proposed $700 billion U.S. bank rescue package will benefit the Seattle-based lender.Five banks that were considering bids, including JPMorgan Chase & [...] continue reading world news