Ex-WaMu CEO Killinger Said to be Near Settlement in Bank Failure

Categorized | STOP FORECLOSURE FRAUD

Ex-WaMu CEO Killinger Said to be Near Settlement in Bank Failure

Ex-WaMu CEO Killinger Said to be Near Settlement in Bank Failure

nothing to see here…just normal criminal business as usual.


Bloomberg-

Former Washington Mutual Inc. Chief Executive Officer Kerry Killinger and two other bank officials are in settlement talks with the Office of the Comptroller of the Currency, the last chapter in the government’s probe of the largest U.S. bank failure.

The regulator is weighing a settlement with Killinger, former chief operating officer Stephen Rotella and David Schneider, former head of the home-loan division, over claims they mismanaged the Seattle-based thrift, according to a person who was briefed and spoke on condition of anonymity because the talks aren’t public.

The person, who said the talks have entered the final stage, didn’t describe the terms being discussed. The details of a deal would need the approval of senior OCC officials.

[BLOOMBERG]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8611 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com
Kenneth Eric Trent, www.ForeclosureDestroyer.com

Archives