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Failed Financial Institutions

Here's a roll up of the current set of Wall Street failures and the aftermath. Thought I'd be amusing to put them in one place.

• WAMU - bankrupt, filed for FDIC protection, accounts bought by JPM
• Bear Stearns - sold to JPM with the backing of the Fed
• A.I.G. - propped up by the Fed under a special loan program
• Freddie Mac & Fannie Mae - under Federal conservatorship
• Lehman Brothers - filed for bankruptcy, most assets bought by Barclays
• Countrywide Financial - picked up by Bank of America right before it fell apart
• Merrill Lynch - picked up by Bank of America in anticipation of Merrill's collapse
• Fortis - nationalized by Belgium, Luxembourg, and the Netherlands
• Wachovia - first bought with an FDIC guarantee by Citi, but it looks like Wells Fargo is going to get it

I'm sure there are a few I'm missing in here, but ouch, that's a lot of death and destruction.