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| Ex-WaMu CEO says bank shouldn't have been closed; somebody call the Whaaambulance | |
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| Tweet Topic Started: Apr 13 2010, 11:15 AM (101 Views) | |
| jon-nyc | Apr 13 2010, 11:15 AM Post #1 |
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Cheers
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http://finance.yahoo.com/news/ExWaMu-CEO-defends-banks-apf-1881315538.html?x=0&sec=topStories&pos=5&asset=&ccode= |
| In my defense, I was left unsupervised. | |
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| Kincaid | Apr 13 2010, 11:27 AM Post #2 |
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HOLY CARP!!!
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I was surprised to hear about the outright fraud. I once parked money with WaMu from our home re-fi prior to our new home purchase. Got a good rate for a checking account - just under 2% interest if I recall. |
| Kincaid - disgusted Republican Partisan since 2006. | |
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| Kincaid | Apr 13 2010, 11:33 AM Post #3 |
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HOLY CARP!!!
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One of the things I hope the gov't has or will outlaw. |
| Kincaid - disgusted Republican Partisan since 2006. | |
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| Kincaid | Apr 13 2010, 11:37 AM Post #4 |
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HOLY CARP!!!
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I'd like to know what the Feds did to respond to the complaints of AIG in 2007. Also, I'm curious as to which politicians benefitted the most from WaMu's political contributions leading up to their collapse. Ah, if only George were here. |
| Kincaid - disgusted Republican Partisan since 2006. | |
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| John Galt | Apr 13 2010, 11:52 AM Post #5 |
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Fulla-Carp
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There are so many parts to this mess it's hard to keep them straight. I don't think there are any Cliff's Notes available yet. Kincaid, I couldn't find anything directly related to WaMu's complaints to the Feds regarding AIG in 2007, but here's a lengthy piece on how the US Office of Thrift Supervision may have missed the ticking time bomb at AIG. Did government drop the ball? And more ways WaMu shot itself in the foot: How much responsibility does WaMu bear for creating their own problems? I'll see if I can find anything specifically relating to the 2007 incident with a little more searching... |
| Let us begin anew, remembering on both sides that civility is not a sign of weakness. | |
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4:56 PM Jul 10