10.02.2008

Merry Christmas, WaMu


“By Dec. 1, our goal is to be able to tell everyone in the organization what the future is here,” said [Charlie Scharf, head of JPMorgan Chase’s Retail Financial Services group].



“Unfortunately there is duplication. There will be losses of jobs."

[From WaMu employees' pensions fate unclear; many to lose jobs - Puget Sound Business Journal (Seattle): ]


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