Colonial, a unit of Colonial BancGroup Inc., is the largest bank to fail since Washington Mutual Inc.'s banking operations collapsed last September and were sold to elitez J.P. Morgan Chase & Co. ..want them all for nothing.. <a href="http://www.nakedcapitalism.com/2009/08/colonial-bank-fails-biggest-since-wamu.html" rel="nofollow" target="_blank">http://www.nakedcapitalism.com/2009/08/colonial-bank-fails-biggest-since-wamu.html</a>