JPMorgan Chase's attempt to get the Federal Deposit Insurance Corp. to pay part of its pending $13 billion settlement with the Justice Department is just the latest chapter in a long-running dispute over the nation's largest bank failure.
The FDIC's 2008 sale of the $307 billion-asset Washington Mutual Bank's operations to JPMorgan was at the time almost anticlimactic, projected to cost the Deposit Insurance Fund nothing and granting WaMu customers an easy transition to a new bank.
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