Washington Mutual

E64195

Washington Mutual was a former major U.S. savings and loan association that became the largest bank failure in American history during the 2008 financial crisis.

AI illustration

How this image was made

AI-generated illustration of Washington Mutual

This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

Prompt

Generate an image of Washington Mutual (Washington Mutual was a former major U.S. savings and loan association that became the largest bank failure in American history during the 2008 financial crisis.)

All labels observed (7)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf bank holding company ⓘ
defunct bank ⓘ
savings and loan association ⓘ
acquiredBy FDIC (as receiver, for resolution) ⓘ
JPMorgan Chase ⓘ
acquisitionDate 2008-09-25 ⓘ
acquisitionPrice 1900000000 USD ⓘ
bankruptcyFiling Chapter 11 bankruptcy ⓘ
bankruptcyFilingDate 2008-09-26 ⓘ
causeOf large mortgage-related losses ⓘ
country United States ⓘ
dateOfBankFailure 2008-09-25 ⓘ
dissolved 2008 ⓘ
fate assets sold to JPMorgan Chase ⓘ
holding company entered bankruptcy ⓘ
formerName Washington National Building Loan and Investment Association ⓘ
foundedBy C. J. Smith ⓘ
hasSlogan The Power of Yes ⓘ
hasSubsidiary Washington Mutual Bank, F.A. ⓘ
linked to: Washington Mutual

Washington Mutual, Inc. ⓘ
linked to: Washington Mutual
headquartersLocation Seattle, Washington ⓘ
inception 1889 ⓘ
industry banking ⓘ
financial services ⓘ
keyPerson Alan H. Fishman ⓘ
Kerry Killinger ⓘ
legalForm public company ⓘ
locatedInTheAdministrativeTerritorialEntity Washington (state) ⓘ
linked to: Washington
notableEvent largest bank failure in U.S. history ⓘ
notableFor aggressive expansion into subprime mortgages ⓘ
rapid growth in mortgage lending before 2008 ⓘ
numberOfBranches over 2200 ⓘ
numberOfEmployees over 40000 ⓘ
partOf subprime mortgage crisis ⓘ
positionHeld Alan H. Fishman – Chief Executive Officer (final days) ⓘ
Kerry Killinger – Chief Executive Officer ⓘ
product commercial banking services ⓘ
consumer banking ⓘ
credit cards ⓘ
mortgage loans ⓘ
savings accounts ⓘ
reasonForDissolution insolvency during the 2008 financial crisis ⓘ
seizure by U.S. federal regulators ⓘ
regulator Federal Deposit Insurance Corporation ⓘ
Office of Thrift Supervision ⓘ
serviceArea United States ⓘ
stockExchange New York Stock Exchange ⓘ
tickerSymbol WM ⓘ
tradedAs NYSE:WM ⓘ

How these facts were elicited

Referenced by (22)

Full triples — surface form annotated when it differs from this entity's canonical label.

JPMorgan Chase → precededBy → Washington Mutual ⓘ
Washington Mutual → hasSubsidiary → Washington Mutual Bank, F.A. ⓘ
linked to: Washington Mutual
Washington Mutual → hasSubsidiary → Washington Mutual, Inc. ⓘ
linked to: Washington Mutual
C. J. Smith → founded → Washington Mutual ⓘ
Washington Mutual → alsoKnownAs → WaMu ⓘ
subject linked to: C. J. Smith
linked to: Washington Mutual
Washington National Building Loan and Investment Association → laterBecame → Washington Mutual Savings Bank ⓘ
linked to: Washington Mutual
Washington National Building Loan and Investment Association → hasSuccessorOrganization → Washington Mutual Bank ⓘ
linked to: Washington Mutual
Washington Mutual → hadSubsidiary → Washington Mutual Bank ⓘ
subject linked to: NYSE:WM
linked to: Washington Mutual
Washington Mutual → hadSubsidiary → Washington Mutual Bank, F.A. ⓘ
subject linked to: NYSE:WM
linked to: Washington Mutual
Washington Mutual → formerName → Washington Mutual Savings Bank ⓘ
subject linked to: NYSE:WM
linked to: Washington Mutual
Kerry Killinger → employer → Washington Mutual ⓘ
Kerry Killinger → associatedWithOrganization → Washington Mutual Bank ⓘ
linked to: Washington Mutual
Alan H. Fishman → employer → Washington Mutual ⓘ
The Power of Yes → usedBy → Washington Mutual ⓘ
The Power of Yes → associatedOrganization → Washington Mutual Bank ⓘ
linked to: Washington Mutual
The Power of Yes → sloganFor → Washington Mutual brand ⓘ
linked to: Washington Mutual
Kerry Killinger → employer → Washington Mutual ⓘ
Kerry Killinger → affiliatedWith → Washington Mutual Bank ⓘ
linked to: Washington Mutual
Alan H. Fishman → employer → Washington Mutual ⓘ
Ahmanson Ranch → previouslyOwnedBy → Washington Mutual ⓘ