WaMu wife's get Blame for the Bank's Downfall

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Behind every great banker is wife driving him to act like a fool....

From DS News:



<http://dsnews.us1.list-manage1.com/track/click?u=59816bad6939d5a7dd87e45a5&
id=6f9a41fc91&e=ebe71b748c> FDIC Files Lawsuit Against Former WaMu Execs and
Wives


The FDIC filed a lawsuit last week against three former Washington Mutual
(WaMu) executives and two of their wives, alleging that they ran the bank
into the ground in order to fatten their own wallets. The lawsuit says
former WaMu CEO Kerry Killinger, former COO Stephen Rotella, and home loans
president David Schneider focused on short-term gains to increase their own
compensation, while encouraging risky mortgage lending when they knew the
housing market was about to collapse.
<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=cfe177d580&e=ebe71b748c> > Read More

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
www.sunilsethi.com <http://www.sunilsethi.com/>

CA DRE#: 01173766

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