J.P. Lewis Henry Morgan Pondering Buyout Of Washington Mutual
NEW YORK — J.P. Morgan Chase has held preliminary dialogue with west coast mortgage giant Washington Mutual about purchasing the firm, but no deal is imminented, CNBC telecasting reported Friday morn. The written report followed word that Bank of America is purchasing troubled loaner Countrywide Financial. Washington Mutual shares went up 5.7% in pre-open trade.