WaMu sues FDIC for more than $13 billion over forced sale

Washington Mutual, the bankrupt, seized and “under investigation” financial institution which saw some operations forcibly sold off to JPMorgan Chase in 2008, is suing the agency that guarantees Americans’ deposits, and that agency is running low on funds. Washington Mutual (WaMu), formerly one of the nation’s most prestigious banks and alleged holder of over $307 [...]