Part one | Reckless strategies doomed WaMu
The first of two parts On Sept. 10, 2007, Washington Mutual CEO Kerry Killinger stood before an audience of analysts and money managers and assured them the Seattle-based thrift would come out of the housing slump stronger than ever.
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- News Source: Seattle Times | about 1 month agoBut the fallout from the biggest banking collapse in U.S. history shows no sign of ending soon. Shareholder lawsuits : Two suits alleging securities fraud by WaMu management are pending in federal district court in Seattle. One, brought by employees...
- News Source: Seattle Times | about 1 month agoThe first of two parts On Sept. 10, 2007, Washington Mutual CEO Kerry Killinger stood before an audience of analysts and money managers and assured them the Seattle-based thrift would come out of the housing slump stronger than ever.
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