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WaMu Cans CEO Killinger

From rapid expansion and growth to rapid decline, WaMu is in deep trouble

By Jim O'Neill, Newser User

Posted Sep 8, 2008 5:38 AM CDT

(Newser) – The enduring subprime contagion has claimed another victim, as downtrodden Washington Mutual has forced out CEO Kerry Killinger, reports the Wall Street Journal. Killinger, who has led the nation’s largest thrift since 1990, and has taken it from a small Seattle business into one... Read full story »

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WaMu Cans CEO Killinger

From rapid expansion and growth to rapid decline, WaMu is in deep trouble

Washington Mutual • WaMu • subprime crisis • mortgage defaults • Kerry Killinger

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More Newser Stories

JPMorgan Plans Relief for $110B in Mortgages

WaMu customers included in measure to avoid foreclosures

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Shareholder Revolt Strips WaMu Execs of Fat Pay

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Investors Angered as WaMu Shields Exec Bonuses

Bank's board of directors extracts subprime losses from bonus formula

Perry Gave Huge Tax Grants to Subprime Lenders

Countrywide, WaMu got $35M as they upped risky loans

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