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By Ignoring the Treasury Secretary’s Advice, Did WaMu Make the Worst Possible Deal for Itself?
U.S. Treasury Secretary Henry M. “Hank” Paulson Jr. warned former Washington Mutual Inc. (OTC: WAMUQ) Chief Executive Officer Kerry Killinger to sell the thrift to…
10Nov2008 | Money Morning | 0 comments | ContinuedRonald McDonald is a Safer Bet Than Uncle Sam
This past week saw a remarkable occurrence. The cost of insuring against a US default via credit derivatives hit record levels. It now costs more…
6Oct2008 | Oxbury Research | Comments Off | ContinuedForget the Bailout, Buy Like Warren Buffett
In today’s semi-political investment environment, it starts to become a little hazy whether we’ve turned the corner or whether we’re still headed for an even…
26Sep2008 | Investment U | Comments Off | ContinuedWachovia CEO Thompson Shown the Door After 32 Years of Service, WaMu’s Killinger Steps Down as Chairman
G. Kennedy Thompson, formerly Wachovia Corp.’s (WB) chief executive officer, can now be added to the list of high-profile subprime casualties that already includes Citigroup…
3Jun2008 | Money Morning | Comments Off | Continued
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