This corner of Greenville Avenue and Milton Street, which once boasted The Fare strip club, is now home to a brand-spanking new branch of … Washington Mutual! Er, wait a sec; WaMu was seized by the feds last week–the biggest bank failure in U.S. history–and then taken over by JPMorgan Chase. One possible reason: WaMu specialized in something called “option adjustable-rate mortgages,” which let borrowers hold off making payments on a loan’s interest and principle principal. That’s a pawn shop behind the new bank, by the way. Insert your joke here.
Get the D Brief Newsletter
Dallas’ most important news stories of the week, delivered to your inbox each Sunday.
Related Articles
Publications
The Ultimate Dallas Omakase Sushi Guide
Chef’s-choice sushi tastings are everywhere. Here’s how to choose the right one for you.
By By Brian Reinhart and Nataly Keomoungkhoun
Local News
What My Students and I Learned in Jail After Protesting on the UT Dallas Campus
Ben Wright, a history professor at the University of Texas at Dallas, reflects on the arrests following an on-campus demonstration against the war in Gaza.
By Ben Wright
Business
Amegy Bank Finds New President and CEO to Lead DFW Region
Plus: Perot Museum of Nature and Science names new chief learning officer, Higginbotham makes two additions to its C-Suite, and more.
By Celie Price