By The Tim on June 14, 2012
Longtime readers or followers of Seattle real estate and/or local business may remember Kirsten Grind, a local reporter with the Puget Sound Business Journal who reported extensively on the latter-day problems and eventual failure of Washington Mutual. Before leaving Seattle for New York to work for the Wall Street Journal, Kirsten put over a year [...]
Posted in Features | Tagged books, Grind, WaMu
By The Tim on December 11, 2009
Apparently, this is what “an unprecedented level of openness in Government” looks like: Via Kirsten Grind at the Puget Sound Business Journal. The Puget Sound Business Journal for months has asked the Office of Thrift Supervision (OTS), the federal agency that regulated Washington Mutual, to release internal communications between WaMu’s regulators. … On Wednesday, an [...]
Posted in News | Tagged Business Journal, FDIC, FOIA, Grind, OFM, WaMu
By The Tim on December 7, 2009
On Friday the Puget Sound Business Journal posted another great piece by Kirsten Grind on all the shady dealings that went on behind the scenes in the WaMu shutdown ordeal. The piece, titled The Washington Mutual decision is currently available on their site only to subscribers, but over on Portfolio.com (one of their sister sites) [...]
Posted in News | Tagged Business Journal, FDIC, FOIA, Grind, WaMu
By The Tim on June 20, 2009
Got a few interesting stories for you today. First up, from the Puget Sound Business Journal: Seattle, Bellevue luxury condominium towers are slow to fill up Three-quarters of the new condos at five major buildings in Seattle and Bellevue are unsold, leaving developers in a high-stakes battle to unload millions of dollars worth of homes. [...]
Posted in News | Tagged Business Journal, BusinessWeek, condos, link_roundup, Northgate, predictions, Seattle_PI, WaMu
By The Tim on March 30, 2009
The last few days have seen a handful of articles in the local press on the subject of the strength (or lack thereof, as it turns out) of local banks. Here’s a brief summary. First-up is a relatively in-depth look at the status of dozens of banks based in Washington State: Washington’s banks under stress [...]
Posted in News | Tagged Amazon, banks, Boone, Cleveland, DeSilver, James, link_roundup, Local Economy, Olympian, Ramirez, Seattle_PI, Seattle_Times, WaMu
By The Tim on December 24, 2008
Here’s another WaMu update on a subject that will likely have a large impact on downtown’s commercial real estate scene: Seattle Times: JPMorgan dumping WaMu’s leased space in Seattle Seattle P-I: JPMorgan dropping six WaMu leases in Seattle From the P-I story: New York banking giant JPMorgan Chase & Co., which in September bought the [...]
Posted in News | Tagged Allison, commercial, downtown, JPMorgan, Pryne, Richman, Seattle_PI, Seattle_Times, WaMu