On on Thursday, September 26, federal regulators seized the company, making it the largest bank failure in history. JPMogan Chase snatched up Washington Mutual's banking assests.
WaMu Chief Executive Alan Fishman could walk away with more than $18 million in salary, bonuses and severance after less than three weeks on the job, according to the terms of his employment agreement. He can opt to decline the package that he is entitled per his contract, filed with the Securities and Exchange Commission on Sept. 11.
Click here for more details The largest bank failure in U.S. history
WaMu Chief Executive Alan Fishman could walk away with more than $18 million in salary, bonuses and severance after less than three weeks on the job, according to the terms of his employment agreement. He can opt to decline the package that he is entitled per his contract, filed with the Securities and Exchange Commission on Sept. 11.
Click here for more details The largest bank failure in U.S. history
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