Hints and tips:
...Former boss Kerry Killinger had gone big on subprime to build what he called “the Wal-Mart of banking”, and was pushed out by investors who didn’t like a rescue refinancing led by TPG Capital....
...Pepper retires, hands over the Seattle-based business to his protégé Kerry Killinger, who builds it into a behemoth and then destroys it....
...FDIC’s lawsuit, filed in March, accused WaMu’s former chief executive Kerry Killinger, ex-president Stephen Rotella, and former home loans president David Schneider of taking gambles that sparked the company...
...According to the Financial Times, Kerry Killinger, ex-chief executive of WaMu, Stephen Rotella, former chief operating officer, and David Schneider, the ex-home loans president, were close to agreeing a...
...But Kerry Killinger, ex-chief executive of WaMu, Stephen Rotella, former chief operating officer, and David Schneider, the ex-home loans president, will pay a combined $64m, taking the regulator’s total...
...The people said on Monday that Kerry Killinger, ex-chief executive of WaMu, Stephen Rotella, former chief operating officer, and David Schneider, the ex-home loans president, were close to agreeing a settlement...
...The suit’s individual defendants, which include Kerry Killinger, WaMu’s former chief executive, and Mr Rotella, agreed to pay $105m....
...In the lawsuit, the FDIC claims that Kerry Killinger, WaMu’s former chief executive; Stephen Rotella, the former president and chief operating officer, and David Schneider, the former president of home loans...
...In the lawsuit, the FDIC claims that Kerry Killinger, WaMu’s former chief executive; Stephen Rotella, former president and chief operating officer, and David Schneider, former president of home loans, “gambled...
...Kerry Killinger, the former boss of failed mortgage lender Washington Mutual, accused US policymakers of wrongly seizing the bank in 2008 and selling it at a “bargain price” of $1.9bn to JPMorgan....
...Kerry Killinger, former chief executive of Washington Mutual, the failed savings and loan, on Tuesday accused US policymakers of wrongly seizing the bank in 2008 and selling it at a “bargain price” of $1.9bn...
...One of the witnesses in Tuesday’s hearing will be Kerry Killinger, WaMu’s former chief executive, who received $103.2m in pay from 2003 to 2008....
...Mr Reich’s remarks echo sentiments expressed this week by Kerry Killinger, WaMu’s former chief executive, who said the Seattle-based thrift had been unfairly seized by policymakers because it was not part...
...As students demanded a speaker more “sensitive to the current global climate”, eschewing careers advice from an executive in a discredited industry, Kerry Killinger was conducting his own demolition job...
...Responding to allegations by Kerry Killinger, WaMu’s former chief, that JPMorgan was able to buy the lender at a “bargain price” because it was part of an exclusive club of Wall Street titans and regulators...
...In sworn testimony at an earlier hearing this week, former WaMu chief executive Kerry Killinger, who had been replaced a few weeks earlier, that WaMu had been wrongly seized and never told by the OTS that...
...This week, a Senate committee grilled Kerry Killinger, the former chief executive of Washington Mutual, one of the biggest mortgage lenders before regulators seized and sold it to JPMorgan Chase in September...
...Last year, two former high-flying banking executives – Kennedy Thompson of Wachovia and Kerry Killinger of Washington Mutual – were stripped of their chairman titles and, shortly after, removed as chief...
...Kerry Killinger, who helped build Washington Mutual into the largest US thrift and then presided over its rapid decline, is being ousted as chief executive, reports the WSJ....
...“Kerry Killinger wanted to ride it through.” WaMu’s strong presence in the western US would make it attractive to banks such as Wells Fargo, JPMorgan Chase and HSBC, says Bove....
...When Washington Mutual unseated its long-serving chief executive Kerry Killinger this week and replaced him with outsider Alan Fishman, the bank hoped to convince investors that it could turn itself round...
...After ousting CEO Kerry Killinger yesterday, the thrift’s share price slumped as much as 24 per cent....
...It was probably just a matter of time, anyway, before he joined the other former “bankers of the year” such as Ken Thompson (2005), former chief of Wachovia, and Kerry Killinger (2001), former chief of Washington...
...Washington Mutual, which parted company with chief executive Kerry Killinger on Monday, is joining Lehman on the rack....
...Kerry Killinger, chairman and chief executive of commercial banking rival Washington Mutual, is to relinquish his chairman role....
International Edition