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BofA and U.S. Bancorp can be sued as WaMu bond trustees: judge

NEW YORK (Reuters) - Bank of America Corp <BAC.N> and U.S. Bancorp <USB.N> can be sued over a pension fund's allegations they failed to protect investors while acting as trustees of mortgage-backed securities for Washington Mutual Inc, a federal judge ruled on Friday.Full story

How Washington Mutual was led astray

  Wall Street Journal reporter Kirsten Grind, author of “The Lost Bank: The Story of Washington Mutual--The Biggest Bank Failure in American History,” joins The Dylan Ratigan Show conversation on the demise of Washington Mutual.

Washington Mutual: The Biggest Bank Failure in American H...

  Kirsten Grind, "The Lost Bank" author, discusses the details of the unprecedented run on Washington Mutual, the nation's largest savings and loan, with $307 billion in assets and it subsequent fire-sale to JPMorgan.

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