Morning Scan: JPMorgan Wins Round Versus FDIC in WaMu Battle; Master...

Wall Street Journal JPMorgan Chase won a key legal battle in its effort to avoid paying billions of dollars stemming from Washington Mutual's alleged misdeeds. A federal judge on Wednesday ruled the Federal Deposit Insurance Corp., not JPMorgan, which acquired the thrift in 2008, is liable for legal claims related to WaMu. The agency can appeal the ruling; an FDIC spokesman declined to comment. If the ruling survives appeals, JPMorgan is likely to avoid having toÂ...