It's an extraordinary sign of the times that I almost missed this:

JPMorgan Chase has acquired the banking operations of Washington Mutual which was seized by US regulators on Thursday night in the biggest bank failure in US history.

Under the deal, which was brokered by government, JPMorgan will pay $1.9bn to the banking regulator, and acquire all insured and uninsured deposits, assets and some of the liabilities of WaMu's banking operations, including its troubled mortgage portfolio.

The biggest bank failure in US history happens almost unnoticed.

I'm worried by that.