Feds investigate Washington Mutual failure

A sign at a Washington Mutual Bank (WaMu) branch is shown in San Francisco, California September 26, 2008. REUTERS/Robert GalbraithNEW YORK (Reuters) - Federal investigators have opened an investigation into the collapse of Washington Mutual Inc, the largest U.S. banking failure.Jeffrey Sullivan, U.S. attorney for the western district of Washington, said in a statement on [...] continue reading world news