…you owe it to yourself to pick up Kirsten Grind's new book that chronicles the rise and fall of Washington Mutual. I've been following Kirsten's writing ever since she first started reporting on WAMU's failure in the Puget Sound Business Journal. She has spent countless hours researching WAMUs rise from small regional bank to the powerhouse it became before it collapsed. From what I have read so far, WAMU was rotting from the inside out leading up to its failure, overrun by corruption and greed in the Home Lending Group. Excerpts I have read so far are both fascinating and infuriating, especially when Grind writes about the gigantic money suck that was Optis, the silliness of the Occasio branches, and Kerry Killinger's transformation from aww-shucks CEO to a private jet flying exec enamored with his own success.
Follow the link below to pick the book up from Amazon.com…
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