Former CEO of Washington Mutual foresees another housing bubble
When the subprime bubble burst, the bank’s fortunes quickly turned. In September 2008, at the height of the financial crisis, Killinger was forced out by the company’s board, and ultimately the bank was seized by federal regulators.
It still stands as the largest bank failure in U.S. history.
In their new book, “Nothing Is Too Big to Fail: How the Last Financial Crisis Informs Today,”
Kerry Killinger and his wife Linda, who previously served as the vice chair of the Federal Home Loan Bank of Des Moines, explore WaMu’s failure, the government’s response to the last crisis and where there is growing risk in today’s economy.
MarketWatch 18 May 2021
Financial Crisis at IntCom
https://internetional.se/hedgefunds2016.htm
https://www.goodreads.com/book/show/55319107-nothing-is-too-big-to-fail
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