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News for Seattle and the Northwest
Last updated 5:20AM ET
May 26, 2012
KPLU Local News
KPLU Local News
Economic Impact of WaMu's Failure
Bellamy Pailthorp (2008-10-01)
Residents at Hilltop Gardens, Affordable Housing in Tacoma, funded in part by WaMu. Photo by: Bellamy Pailthorp
SEATTLE, WA (KPLU) - It's been less than a week since Seattle earned its latest dubious distinction: home to the largest bank failure in U.S. history.
The sudden takeover of Washington Mutual has left thousands of employees on pins and needles. There are also fears about the broader economic impact the takeover and any layoffs it causes might have in communities throughout the Puget Sound region.
KPLU's Bellamy Pailthorp reports.

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