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JPMorgan Chase buys WaMu assets after FDIC seizure

NEW YORK (AP) -- JPMorgan Chase & Co. Inc. came to the rescue of Washington Mutual Inc. Thursday, buying the thrift's banking assets after WaMu was seized by the Federal Deposit Insurance Corp. in the largest failure ever of a U.S. bank. This is the second time in six months that JPMorgan Chase has taken over a major financial institution crippled by bad bets in the mortgage market.

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Mexican flags at ICE protests spark debate over symbolism

The use of Mexican and other Latin American flags during the protests are a form of symbolism many conservatives are calling anti-American — while others argue they are an expression of pride in one’s homeland that could not be more American.

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