Washington Mutual, another recent ward of the government, was restructured and quickly sold to jp morgan Chase.
That's like a 50 percent off sale, if you consider that BofA and jp morgan are pretty much the same size.
jp morgan Chase, Bank of America and Citigroup will all suffer billions more in credit losses before this recession is over.
surname, a very old Celtic name. As a type of horse, 1840, named for Justin Morgan (1747-1798), Vermont horse-breeder and music teacher; the breed was developed from a stallion he owned.
morgan mor·gan (môr'gən)
Abbr. M A unit for expressing the relative distance between genes on a chromosome based on the frequency with which the genes cross over; one unit equals a theoretical crossover value of 100 percent between two loci.
Morgan Mor·gan (môr'gən), Thomas Hunt. 1866-1945.
American biologist. He won a 1933 Nobel Prize for establishing the chromosome theory of heredity by his studies of the fruit fly Drosophila.