Stories tagged: failed bank
FRIDAY, APRIL 16, 2010, 8:17 A.M.
Senate panel: Lax regulators helped doom WaMu
The chairman of a Senate panel investigating the causes of the financial crisis is blasting federal bank regulators who ignored mounting risk at Washington Mutual and then fought among themselves …
TUESDAY, APRIL 13, 2010, 11:16 A.M.
Ex-WaMu execs defend bank’s actions before failure
The former CEO of Washington Mutual, the biggest U.S. bank ever to fail, on Tuesday defended the bank’s actions to reduce risks from the looming housing bust.