Mr Cooper Group Inc (COOP)

[DJN]

http://seattletimes.nwsource.com/html/localnews/2009070755_apapearnsjpmorganchasewamu.html

WaMu helped JPMorgan-Chase earnings

The acquisition of Washington Mutual helped JPMorgan Chase report better-than-expected first quarter profits of $2.14 billion.
NEW YORK —

The acquisition of Washington Mutual helped JPMorgan Chase report better-than-expected first quarter profits of $2.14 billion.

The FDIC seized WaMu in September and sold assets to JPMorgan Chase for $1.9 billion.

The WaMu acquisition helped drive JPMorgan's commercial banking unit's income up 16 percent to $338 million.

Its retail banking unit earned $474 million, compared with last year's loss of $311 million.