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Home » Store » News » Former WaMu Execs Say Firm Ran Out of Time

Former WaMu Execs Say Firm Ran Out of Time

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Former top managers at Washington Mutual say their efforts to right the floundering thrift behemoth were overtaken by the avalanche of collapsing financial markets, while the federal government huddled with Wall Street banks and kept the company out of the rescue strategy. Through an aggressive acquisition campaign, WaMu catapulted from the 22nd-largest lender in 1995 with less than...
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